Millennials stuck living with parents?

I read an interesting article this morning about the number of Millennials that are still living with their parents and the impact it is having on the housing market. 

This leaves me wondering if this is a new permenant or if this is pent up demand that will push the housing market to higher ground at some point. Either option could have an impact on your business, how can you plan for both?

Probably the most important thing to keep in mind is that this is at best mid level but more likely entry level home buyers at some point. When they enter the market, are they going to try to find their way into the urban property owner group or will they once again make a move for more independence and shift toward rural settings? If history repeats itself I believe you will see this then more matured demographic move at least toward the suburbs if not full on rural. 

If your interested in the entire article you can find it here > http://nahbnow.com/2016/02/2-million-missing-millennial-households/?utm_source=newsletter&utm_medium=email&utm_campaign=mmb0229

There are some implications coming, contemplating them beforehand will place you in a better position to take advantage of the opportunity when it arrives.

-Tim Allen-