Burdensome student loans, high rent and increasing home prices are forcing millennials to remain renters much longer than previous generations. The median age of a homeowner today is 46, the oldest since the National Association of Realtors began tracking this in 1981. This has repercussions for the entire economy.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
