“I think a lot of millennials that came through the economic downturn basically saw people invest heavily into houses, and then in a matter of months it just evaporated. I think that scared a lot of people. A lot of people I’ve talked to have said it’s not as important for them to purchase property as it may have been for our parents.”
MILLENNIALS FOLLOW MONEY MONDAY MANTRA: Sean Could Buy a Condo, But He’d Rather Live in a Mansion With 9 Roommates
About Tom Leykis
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/mort·gage/
late Middle English: from Old French, literally ‘dead pledge,’ from mort (from Latin mortuus ‘dead’) + gage ‘pledge.’
Basically leasing until you die!