For years, we’ve heard that millennials really don’t want to become
homeowners. Theories have included: They’ve got too much student loan debt to
juggle a mortgage. Or they’re too skeptical of the American Dream because they
watched the massive foreclosures that hit when some were just in high school.
But while millennials aren’t likely to do things the way their parents
did, it’s increasingly becoming clear that they aren’t going rent or live in
their parents’ basements forever, either. Millennials are beginning to see
housing as a way to invest and build equity now that home values have recovered
after the housing collapse.