Lack of millennial home ownership results in rejected business loans Nearly half (44%) of Gen Y (also referred to as millennials) small businesses have applied for finance in the last year and more than a third (39%) of those applications were declined.

There are a ton of theories about millennials and why they make the decisions they do. They’re the first generation to grow up with the internet and numbers show that they’re taking it slower when it comes to purchasing their first home. One third.

 · Millennials in Australia are growing increasingly angry about being priced out of the housing market which could end up having a huge impact on the rest of the country, a leading UK expert has warned.

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 · Job security is living the millennial dream. Without one, you will struggle in many countries to secure a loan, a mortgage, a mobile phone contract or even a room to rent. A 30-something doctor I know recently had her application to rent a room in a london flat rejected because she was a locum at the time.

 · A new survey found that most millennials were not sure how the Tax Cuts and Jobs Act would affect them. Millennials still skeptical about impact of Trump’s tax cuts | Fox Business News

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Housing is less affordable for millennials compared to the overall population. The National Association of Realtors computes an affordability index by comparing the median home price to the median family income. That way, it gauges whether a typical family can qualify for a mortgage loan in a particular region.

The Ultimate Truth about Housing Affordability Both sides say they want more affordable housing in the city. Supporters say the critics simply don’t want it enough. The truth is, Cambridge already does more than most communities. About 15 percent.

The Awakening of Millennial Homeownership Demand. Second, the lack of homeownership progress despite years of economic expansion leads some to conclude that Millennials’ homeownership preferences are fundamentally different from prior generations. According to this view, many Millennials remain renters by choice,

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Homeownership is viewed as the most coveted part of the American dream, but nearly two-thirds of millennial homeowners (63 percent) expressed regrets about their current home purchase — the.

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