21/4/17: Millennials, Property ‘Ladders’ and Defaults

In a recent report, titled ‘Beyond the Bricks: The meaning of home’, HSBC lauded the virtues of the millennials in actively pursuing purchases of homes. Mind you – keep in mind the official definition of the millennials as someone born 1981 and 1998, or 28-36 years of age (the age when one is normally quite likely to acquire a mortgage and their first property).

This post was published at True Economics on Friday, April 21, 2017.