Many topics surround the generation known as “millennials,” including work, social, political and cultural ones. However, what we will talk about on our blog is the famous myth that says millennials prefer renting to buying a home.
Before we begin, we need to define millennials as those people born between the early 1980s and the mid-1990s, that is, young people who became adults around the turn of the millennium.
This generation, also known as “Generation Y,” has changed consumption patterns, since their habits differ from those of their parents.
However, that doesn't mean the people in this generation don't want a home of their own, with the stability that projects them into the future.
The famous “millennials”, are people who are currently 25 years old and up, many of them with professional careers and more education than previous generations.
They are usually known as a generation that is not interested in owning a home because they are seen as rootless, nomadic, adventurous and unattached.
Being labeled with certain traits or personalities does not stop them from wanting to build a future, whether on their own, as a couple or as a family.
For this reason, real estate companies have adapted to what each generation demands, and millennials respond to multifunctional, highly connected designs.
They like smaller spaces with a flexible, integrated layout that prioritizes common areas, since they like to build community and have no problem sharing social areas and interacting with their neighbors.
On the other hand, the economic factor is very important. They want to get what they are looking for at a competitive price, and they are demanding people who know what they want.
CasaMax Inmobiliaria as a pioneer in developing and building dreams, has projects that fit what each generation needs. The functionality of our designs and the different amenities of each condominium make millennials want to live in them.
We have projects for sale such as Allegro with tower apartments, in high demand for their finishes and affordable prices that go hand in hand with the comfort of their spaces.
Or our newest condominium, Ayarco Boulevard which is designed with a full set of amenities and combined with presale prices starting at $148,000 (US dollars).
That said, we recommend that people not be afraid of taking on debt. It is always better than renting, since buying a home is an asset that becomes an investment for the future.
We invite you to visit the project you like best, where our sales advisors will help you through every step of getting your new home.