Student-loan debt and skyrocketing housing prices have become so bad that more millennials are planning to rent forever

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Millennials said they can't afford to buy a home — housing costs have increased, and it's hard to save when money is going toward student-loan debt.

More millennials are planning to rent forever, according to a new Apartment List survey. Most said it's because they can't afford to buy a home — housing costs have increased, and it's hard to save when their money is going toward student-loan debt and climbing rent prices. But some millennials prefer to rent for the flexibility and to avoid the added costs of homeownership. Visit Business Insider's homepage for more stories. More millennials are planning to rent forever.

More millennials are planning to rent forever, according to a new Apartment List survey. Most said it's because they can't afford to buy a home — housing costs have increased, and it's hard to save when their money is going toward student-loan debt and climbing rent prices. But some millennials prefer to rent for the flexibility and to avoid the added costs of homeownership. Visit Business Insider's homepage for more stories. More millennials are planning to rent forever.

 

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