05 Dec '17, 2am

New: 4 Traits of Millennial Homebuyers that Will Change the Property Market

By Property Soul (guest contributor) Millennials (not the yellow “minions” in the Despicable Me movie) are also known as Generation Y. The term generally refers to those born between 1982 and 2004 (or who are between 13 to 35 years old). Every serious industry stakeholder who cares about the future of the property industry must spend some time understanding millennials,because this group will soon become the cornerstone of our society and the main supporter of our economy. As the breadwinner of their family, the millennials are going to be the decision makers of property purchases and the endusers of property products and services. There are four characteristics of millennials that are going to make a big impact on the property industry. Trait #1 – Millennials are “digital natives” The 2016 Zillow Group Consumer Housing Trends Report highlights the fact that millennial buy...

Full article: https://www.propwise.sg/4-traits-of-millennial-homebuyers...

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