Millennials Buy Homes for Their Best Friends
One–third of Millennials had their best friends at heart — dogs, that is — when deciding to buy their first homes. According to an online survey conducted by Harris Poll, only wanting a bigger home and to build equity rather than pay rent to someone else scored higher.
Here’s how the Top 5 rounds out
- Gain more space – 66%
- Build equity – 36%
- Give Max or Bella (the most popular dog names in 2017, according to the American Kennel Club) more room and/or a yard – 33%
- Got/Getting married – 25%
- Had/Having a baby – 19%
Looking ahead, 42% of Millennials who haven’t yet bought homes responded that owning or wanting to own a dog would be a big factor in their home buying decisions.