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Millennia have a lot of work to do.
They are juggling the rising cost of living, exhausting student loan debt and trying to overcome the recession. As a result of their struggle to save, the Millennials are delaying important milestones in their lives, like getting married and buying a house.
Regarding this last aspect, the price of housing has not increased: millennials who buy their first home today will pay 39% more than baby boomers at their age, according to Student Loan Hero. Coupled with financial difficulties, this has led the millennial generation to change the way real estate property presents itself in the United States.
Read more: 13 things rich people are looking for in a luxury home, say real estate agents
The purchase of a home is not out of the question for Generation Y, but it can be more difficult. Whether you're moving to suburban cities or living with their parents, this is how millennials buy their homes differently from previous generations.
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