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

  1. Gain more space – 66%
  2. Build equity – 36%
  3. Give your dogs more room and/or a yard – 33%
  4. Got/Getting married – 25%
  5. Had/Having a baby – 19%

Looking ahead, 42% of those 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.

Source: freddiemac.com