Ted Jenkin of oXYGen Financial explains why some Millennials may want to wait to buy a home, despite the herd instinct to jump in at the earliest opportunity. Millennials are still challenged to find locations where employment opportunities match their skill set AND homes are attainable for their modest incomes.
Millennials’ nomadic employment patterns indicate it may be a while yet before it makes financial sense for Millennials to turn from rental units to long-term homeownership.
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