As a millennial myself, I know the majority of people within my demographic are currently renting homes. It's not an official survey, so it could be different elsewhere...but within my entire network of millennial friends, I can only think of two homeowners. TWO! Think about all the wealth we are not building by renting a home.
There are a lot of resources out there that will compare buying vs renting - and claim that renting can just as profitable in the long run if you are investing your money correctly. To which, they have a point. BUT! If you aren't investing in real estate, one of the easiest investments you could make...where is our money really going? More importantly, after 30 years --- a home could be paid off, and the rent you are paying is going directly into the property owner's pocket.
I know owning a home is a better investment, but you still need to convince others. Zurple has made it a little bit easier with this shareable infographic!
Click below to download the FREE infographic!