Millennials may not be having kids or getting married right now, but this generation is“We split everything three ways, so it’s cheaper to live,” said Amanda Scheider, 30, who lives Gallatin, Tennessee, with close friends Kathy Keel, 30, and Stephanie Vandergrift, 28. “If you have good friends, you have a lot in common and you can pretty much hang out whenever ... it’s like a permanent sleepover.”
The trio began as roommates renting a house in Goodlettsville, but they now own and live in a three-bedroom, 2 1/2-bathroom, single-family home on 1.25 acres of land. The red-brick, two-story home includes a bonus room, office and finished garage. Their $315,000 mortgage is scheduled to be paid off in 30 years.“We don’t have any plans to go anywhere,” Schneider said. “None of us are dating currently. We’re all focused on our careers. So for now, yeah, it’s for the foreseeable future.
The number of homes bought by people with different last names has increased by nearly 772 percent from 2010 to last July, according to real estate analytics firm Attom Data Solutions. That includes friends, roommates or married couples who bought single-family homes and condos nationwide over that period, according toCo-buying is the result, in part, of a “really difficult” housing market, said Daryl Fairweather, chief economist at real estate brokerage Redfin.
“We built fewer homes in the last decade than we did any decade going back to the 1960s,” Fairweather said. “It makes it really hard to do things like plan those next steps of life, like starting a family, when you can’t even get past that barrier of homeownership.”
it's not heartwarming. its because we're poor
How in the fuck did you think this was heartwarming lol
It makes good sense, especially as they marry later today than in the past. Married couples tended to save for home, but delay marriage and home owning declined. This is a good have your cake and eat it too solution.
🤣🤣🤣🤣🤣
Well, in a few years, there goes that friendship.
These thee “Millennia’s” in the picture says it all Losers
Well they can't afford them on their own. Thanks to a lack of fair wages that companies refuse to pay them to line their own pockets.
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😂😂 that’s the worst thing you can do. especially at inflated prices like in todays market 🤦♂️
Money and friends don’t mix. It will not end well.
Thank God, they can't even take card of themselves
That does not seem like a good idea at all
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Source: CNBC - 🏆 12. / 72 Read more »