Real estate brokers say millennials are buying homes — and expensive homes — like never before thanks to wealthy parents and the tech boom, Wall Street Journal's Lauren Schuker Blum reports. The younger generation also thinks houses are a safer investment than the stock market.
"In the last two months, half the folks I sold homes to were young entrepreneurial types — and they were all buying homes for over a million dollars," Washington D.C.'s Michael Rankin of TTR Sotheby's International Realty tells WSJ. He says those kinds of buyers didn't exist a few years ago.
To read the full, original article click on this link: Millennials invest in real estate - Business Insider
