5 Millennial Home Buying Anxieties

The Pressure of Traveling Before Setting Down

The pressure of traveling before setting down is a real concern for many millennials, as they want to travel while they are young and don't yet have children. When there is a mortgage to pay and a house to maintain, it's a lot more difficult to leave the country for a year-long expedition. There is also pressure when they see their friends traveling. Some millennials feel like they are missing out on exciting travel opportunities, especially if friends and family tell them they should be using their youth to explore the world and gain experience abroad. In general, millennials are waiting longer to achieve many milestones like marrying, having a family, and buying a house and instead of these milestones, they are spending more time in school and travel. This can slow down reaching certain goals, such as owning a home, by a decade or more.

Continue reading to learn about the influence student loan debt has.