Survey: Millennials Opt for Doorbells Before Wedding Bells
While the adage, “first comes love, then comes marriage,” may ring true, for many millennials, “first comes home, then comes marriage.” According to a recent survey conducted online among over 2,000 U.S. adults, nearly half of millennials (ages 22-38) who have been married say they and/or their spouse owned a home before marriage (48 percent), compared to only 35 percent of baby boomers (ages 55-73).
Putting Down New Roots
Today, it’s increasingly common for both parties in a relationship to own a property when entering a marriage. However, some individuals not currently married would still prefer to start fresh with their significant other and sell both properties before tying the knot. According to the survey, 25 percent of unmarried women and 21 percent of unmarried men said if faced with this decision, they would prefer to sell both places and buy a new one after getting married.