Have Minivan, Will Travel: How Millennials Are Managing To Buy Homes Unlisted Video

Even though millennials face enormous financial challenges as a whole, they're still planning to buy homes.
And according to Business Insider, they're using different strategies than their parents did to get on the property ladder.
For example, they're going for mortgages that demand smaller down payments.
At the same time, they're not holding out for dream home 'McMansions.' Instead, they're settling for smaller homes.
They're also getting help from their families. Recent data shows that 27% of millennials buying in 2020 expected to get family help make their down payment.
Finally, they're leaving high-priced urban areas for more affordable homes in the suburbs!