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Top 5 Reasons Millennials Choose Luxury Apartments Over Home Ownership

15.08.2015 in Life, Moving

Is it better to rent or to own? For years, conventional wisdom taught that home ownership was the key to financial stability. To luxury-minded Millennials, however, the white picket fence and a 30-year mortgage is their parent’s dream – not theirs. Before we get too far into this article, we want to make it clear that we are not saying that the classic American dream of home ownership is a mistake. Both renting and owning an apartment or home have their financial advantages. Still, there are many other factors at play, including flexibility, costs, lifestyle, future plans and more, which help explain the recent Census Bureau statistic that home ownership among 25-34 year olds has declined nearly 10% since 2006. Here are a few ways in…

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