Millennial home buyers prefer DIY over going into debt over renovations

January 20, 2017

Millennial homeowners—yes, they do exist—are a careful lot, according to Better Homes & Gardens’ ninth annual survey of trends in U.S. homeownership. For 85 percent of millennials (ages 22-39), The American Dream still includes home ownership, according to the survey, but they’re not necessarily willing to go into major debt to achieve it. Only half are willing to pay what it takes to get their ideal features and quality, and only 36 percent are willing to go into debt to afford it.

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