Explore the latest economic trends in RiskWire webcast episode eleven, where hosts Eric Fox, Veros’ Chief Economist, and Reena Agrawal, Veros’ Research Economist, review the challenges faced by younger generations, particularly millennials in their late 20s to early 40s, as they grapple with soaring home prices in the United States. With millennials constituting 28% of homebuyers in 2023, this episode examines their tactical approach to homeownership—opting to reside with their parents. Learn about the evolving trends surrounding this strategic move, which involves saving on rent and other household expenditures to accumulate funds for future home purchases.
Key episode highlights include:
- Millennials redefining parental living arrangements, challenging societal taboos
- Multi-generational living on the rise in the U.S.
- Transitional living from friends or relatives to first-time home buying
Gain valuable insights into the changing dynamics of homebuying and the innovative strategies millennials are employing to navigate the challenges of the current high-priced market. Learn more and watch the episode now.
