OT Nearly Two-Thirds of Millennials Have Homebuyer Regrets

Discussion in 'Blazers OT Forum' started by ABM, Jun 11, 2021.

  1. ABM

    ABM Happily Married In Music City, USA!

    Joined:
    Sep 12, 2008
    Messages:
    31,865
    Likes Received:
    5,784
    Trophy Points:
    113
    Occupation:
    Commercial Real Estate
    Location:
    Nashville, TN
    Young and the Restless....

    https://www.usatoday.com/story/mone...ysical-regrets-after-buying-homes/7594826002/

    Nearly two-thirds of millennials have homebuyer regrets, new survey says

    In this hot real estate market, competition for houses often leads to quick purchases which also can lead to buyer's remorse.

    According to a recent Bankrate survey, 64% of millennials aged 25 to 40 are facing regrets after buying a home compared with 33% of baby boomers aged 57 to 75. The survey found that the older the buyer, the less likely they were to have homebuyer regret.

    One factor that may explain this divide is desperation; younger homebuyers are more likely to rush into a purchase which can lead them to settle for properties that might not be to their liking.

    Factoring in the pandemic, the survey found that homebuyer regrets among millennials mainly fell into two categories: financial and physical..................
     
  2. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

    Joined:
    Feb 15, 2010
    Messages:
    50,346
    Likes Received:
    22,531
    Trophy Points:
    113
    COULD HAVE YOLO'D ON CRYPTO
     
    Tyrant of Ants and SlyPokerDog like this.
  3. UncleCliffy'sDaddy

    UncleCliffy'sDaddy We're all Bozos on this bus.

    Joined:
    Jul 2, 2015
    Messages:
    7,356
    Likes Received:
    14,923
    Trophy Points:
    113
    This is far too often because the actual “joys of homeownership” are seldom given much of any thought up front. Back when they were living with mom and dad, maintenance, repairs and upgrades pretty much happened “by magic” and were likely taken for granted. I am very grateful my dad sat his kids down and drummed into us just what home ownership entailed. We can’t say we weren’t warned……
     
  4. BLAZINGGIANTS

    BLAZINGGIANTS Well-Known Member

    Joined:
    Dec 2, 2008
    Messages:
    22,015
    Likes Received:
    14,574
    Trophy Points:
    113
    can’t say I didn’t help with yard work as a kid (and in a sick way, enjoyed it, other than painting the white picket fence).
     
    SlyPokerDog likes this.
  5. PDXFonz

    PDXFonz I’m listening

    Joined:
    Jul 2, 2013
    Messages:
    19,484
    Likes Received:
    16,084
    Trophy Points:
    113
    Crypto is like crack rocks for financial masturbation

    Fucking ridiculous
     
    UncleCliffy'sDaddy likes this.
  6. BLAZINGGIANTS

    BLAZINGGIANTS Well-Known Member

    Joined:
    Dec 2, 2008
    Messages:
    22,015
    Likes Received:
    14,574
    Trophy Points:
    113
    speaking like a man with experience!
     
  7. PDXFonz

    PDXFonz I’m listening

    Joined:
    Jul 2, 2013
    Messages:
    19,484
    Likes Received:
    16,084
    Trophy Points:
    113
    I haven’t bought any cryptocurrency in my entire life.

    “It’s the future”

    “It’s inevitable”

    Woof woof woof
     

Share This Page