{"id":851,"date":"2021-12-21T22:21:22","date_gmt":"2021-12-21T22:21:22","guid":{"rendered":"https:\/\/kellyintel.com\/?p=851"},"modified":"2024-01-26T15:52:14","modified_gmt":"2024-01-26T15:52:14","slug":"wsj-resi-millennials-are-supercharging-the-housing-market","status":"publish","type":"post","link":"https:\/\/kellyintel.com\/wsj-resi-millennials-are-supercharging-the-housing-market\/","title":{"rendered":"WSJ: RESI &#8211; Millennials Are Supercharging the Housing Market"},"content":{"rendered":"<p>The Wall Street Journal came out with an feature, <a href=\"https:\/\/www.wsj.com\/articles\/millennials-are-supercharging-the-housing-market-11639496815\">Millennials Are Supercharging the Housing Market<\/a>, which focuses on &#8220;The generation that supposedly didn\u2019t want to buy things now accounts for over half of all home-purchase loan applications; economists expect them to bolster demand for years.&#8221;<\/p>\n<p>Recently, <a href=\"https:\/\/kellyintel.com\/barrons-this-resi-home-rental-stock-is-one-way-to-play-the-hot-housing-market\/\">Barron&#8217;s highlighted how<\/a> &#8220;Millennials need a place to live\u2014and it\u2019s not only home builders who stand to benefit. Shares of <span class=\"quote-pick\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/US\/XNYS\/INVH\"> Invitation Homes,<\/span> which rents houses in residential hotspots, look like a winner [\u2026]Factors like low mortgage rates, remote work, and an intensified focus on house hunting have contributed to <a class=\"icon none inline-hover\" href=\"https:\/\/www.barrons.com\/articles\/housing-market-remote-workers-outlook-51631239674?mod=hp_columnists&amp;mod=article_inline\" target=\"_blank\" rel=\"follow noopener\">the housing market\u2019s pandemic-era boom in demand<\/a>, while a limited supply of homes for sale created additional competition.&#8221;<\/p>\n<p>The WSJ article states:<\/p>\n<blockquote><p>For years, conventional wisdom held that millennials, born from 1981 to 1996, would become <a class=\"icon none\" href=\"https:\/\/www.wsj.com\/articles\/financial-crisis-yields-a-generation-of-renters-11564228800?mod=article_inline\" target=\"_blank\" rel=\"noopener\">the generation that largely spurned homeownership<\/a>. Instead, since 2019, when they surpassed the baby boomers to become the largest living adult generation in the U.S., they have <a class=\"icon none\" href=\"https:\/\/www.wsj.com\/articles\/millennials-help-power-this-years-housing-market-rebound-11598520601?mod=article_inline\" target=\"_blank\" rel=\"noopener\">reached a housing milestone<\/a>, accounting for more than half of all home-purchase loan applications last year.<\/p>\n<p>The generation\u2019s growing appetite for homeownership is a major reason why many economists forecast home-buying demand is likely to remain strong for years to come.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The Wall Street Journal came out with an feature, Millennials Are Supercharging the Housing Market, which focuses on &#8220;The generation that supposedly didn\u2019t want to buy things now accounts for over half of all home-purchase loan applications; economists expect them to bolster demand for years.&#8221; Recently, Barron&#8217;s highlighted how &#8220;Millennials need a place to live\u2014and [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":853,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,26],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WSJ: RESI - Millennials Are Supercharging the Housing Market - Kelly Intelligence<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kellyintel.com\/wsj-resi-millennials-are-supercharging-the-housing-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WSJ: RESI - Millennials Are Supercharging the Housing Market - Kelly Intelligence\" \/>\n<meta property=\"og:description\" content=\"The Wall Street Journal came out with an feature, Millennials Are Supercharging the Housing Market, which focuses on &#8220;The generation that supposedly didn\u2019t want to buy things now accounts for over half of all home-purchase loan applications; economists expect them to bolster demand for years.&#8221; Recently, Barron&#8217;s highlighted how &#8220;Millennials need a place to live\u2014and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kellyintel.com\/wsj-resi-millennials-are-supercharging-the-housing-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Kelly Intelligence\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-21T22:21:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-26T15:52:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kellyintel.com\/wp-content\/uploads\/2021\/12\/im-420856.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"860\" \/>\n\t<meta property=\"og:image:height\" content=\"573\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kevin Kelly\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@kellyintel\" \/>\n<meta name=\"twitter:site\" content=\"@kellyintel\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kevin Kelly\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/kellyintel.com\/wsj-resi-millennials-are-supercharging-the-housing-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/kellyintel.com\/wsj-resi-millennials-are-supercharging-the-housing-market\/\"},\"author\":{\"name\":\"Kevin Kelly\",\"@id\":\"https:\/\/kellyintel.com\/#\/schema\/person\/2b310b3d4dc418f2257f5bf54aff62e8\"},\"headline\":\"WSJ: RESI &#8211; 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