Today, millennials represent a greater number of college graduates as compared to Gen Xers and Baby Boomers. However, the reality of homeownership is different from these groups. If you’re interested in the topic and want to know where you can obtain the best bad credit merchant account easily, just keep on reading the post.
Owning Vs Renting: Get a Bad Credit Merchant Account
The Urban Institute reports that the homeownership rate associated with millennials is almost 8% points lower as compared to the one associated with Gen Xers and baby boomers at the same age. Late marriage, student debt, and life in high-cost cities are among the reasons why this is so.
On a side note, did you know that Instagram and other social media platforms are pushing millennials into buying their 1st homes? A recent report from Bank of America has revealed that this is a really motivating …