Millennials Desire Home Ownership

Millennials have a greater homeownership aspiration than any other generation, says a study by Properly. Less than half (48 per cent) of Millennials are happy with where they live and are three times more likely to desire a new home in 2021 compared to the rest of the population. Forty-five per cent of Millennials desire a detached home, 57 per cent a backyard, 44 per cent want more square footage, 34 per cent want to be closer to proximity of green space, and 28 per cent want a better home office.