watermark logo

7 Views· 26 July 2022

Frozen out of homeownership, millennials explore co-buying | Challengers by Freethink

Advertisement


emorybenning0
Subscribers

Frozen out of homeownership, millennials explore co-buying | Matt Homes | Co-buy
Subscribe to Freethink on YouTube ►► https://freeth.ink/youtube-subscribe
Up next ►► 3D Printed Homes for the Homeless https://youtu.be/XI_oVMIgu6w

There have been substantial shifts in the demographics of first-time home owners over the past 20 years.

Millennials buy homes later in life, for instance, and many are aging into home ownership now for the first time. And instead of living in a typical two-spouse household, many of those millennial homeowners are opting to live with and split the mortgage cost and ownership with their friends.

But while this co-buying trend has completely shifted the nature of homeownership, the real estate industry has yet to adapt. Many co-buyers are finding that real estate agents are unfamiliar and unable to accommodate their non-traditional buying structure.

Which is why Homes — appropriately named, by the way — created Co-buy, a real estate platform designed to meet the needs of the modern home market. Rather than catering to single-family buyers, Co-buy allows multiple people to collectively purchase, or co-buy, the same property.

Read the full story here ►►https://www.freethink.com/seri....es/challengers/cobuy

◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠

Read more of our stories on alternative housing and homeownership:
Startup is turning abandoned houses into affordable homes
►► https://www.freethink.com/soci....al-change/abandoned-
The first 3D-printed house made with dirt
►►https://www.freethink.com/entr....epreneurship-innovat
►► https://www.freethink.com/soci....al-change/homeless-p
This carbon-negative dream house ships in a box
►► https://www.freethink.com/seri....es/challengers?media

◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠◠

About Freethink
No politics, no gossip, no cynics. At Freethink, we believe the daily news should inspire people to build a better world. While most media is fueled by toxic politics and negativity, we focus on solutions: the smartest people, the biggest ideas, and the most ground breaking technology shaping our future.

◡◡◡◡◡◡◡◡◡◡◡◡◡◡◡◡◡◡◡

Watch our original series:
► Hard Reset: https://freeth.ink/youtube-hard-reset
► Just Might Work: https://freeth.ink/youtube-just-might-work
► Challengers: https://freeth.ink/youtube-challengers

Enjoy Freethink on your favorite platforms:
► Daily editorial features: http://www.freethink.com​
► Solutions-based stories, straight to your inbox: https://www.freethink.com/subscribe
► Facebook: https://www.facebook.com/freethinkmedia​
► Instagram: https://www.instagram.com/freethink​
► Twitter: https://twitter.com/freethinkmedia​
► Join the Freethink forum: http://www.facebook.com/groups/freethinkforum

Sync ID: MB01X0WDW8WQ36J

Show more


Up next

Advertisement


0 Comments