06-05-2023 23:34 via it.slashdot.org

Will Remote Working Lead Millennials to Buy Homes in Affordable Remote Suburbs?

An anonymous reader shared this report from Fortune:
For eight years now, as millennials have entered their thirties and forties, also known as "homebuying age," Bank of America has surveyed over 1,000 members of the generation once a year for its Home Work series. And for 2023's edition... older millennials (age 31-41) are almost three times as likely to move into a house than an apartment, the survey found...
Migration patterns during the pandemic have clearly established that most homebuyers
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