Pets Drive Millennials’ Decision to Buy
Marriage and having children may be the life events that traditionally have prompted people to transition into home ownership. But for some millennials, the need for more space is particularly tied to their furry friends.
A third of recent home buyers ages 18 to 36 say their decision to purchase was based on the desire for a larger property with a yard for their dog. The only factors respondents ranked higher than dogs are the desire for more overall living space and the opportunity to build equity.