07
November
Millennials Driving Housing Market
One would think that due to inflation, stagnant wages, the high cost of living in metropolitan areas, and the exorbitant price of obtaining a college degree these days, owning a home is simply out of the question for most Millennials. However, according to Spencer Rascoff, CEO of Zillow, this is simply not the case. In a recent podcast from Bloomberg titled Millennials Driving Housing Market, Spencer Rascoff noted that Millennials bought $500 billion in real estate within the past 12 months. In fact, due to the limited supply of homes