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Are Millennials Better Off As Non-Home Buyers?

PYMNTS

Millennials are buying fewer houses than their Baby-Boomer counterparts – that is inarguable by the data. percent – and that dip is mostly powered by millennial homebuyers who aren’t buying. Across age groups, the U.S. homeownership rate has fallen to a 50 year low – 62.9 The Demand Institute has found similar results.

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Boomers Vs. Millennials: Holiday Shopping … In September?

PYMNTS

It’s still technically summer for a few more days, but we already know how shoppers — Baby Boomers and millennials — are going to shop this holiday season. But how are Baby Boomers and millennials going to gift this year? Those millennials simply just say, “No, thanks.”. So, what are millennials buying? Who’s online?

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Millionaires, Millennials And The Great Avocado Debate

PYMNTS

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

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Millennials Are Breaking Up With Napkins For Paper Towels

PYMNTS

Though it was their grandparents that gave rise to modern American consumer culture, millennials often get dinged for being too obsessed with having the latest and greatest gadgets. It’s not as if millennials are wiping their dirty hands on their ripped designer jeans, though.

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Millennial mobile payment users take more financial risks

Payments Source

Younger adults who regularly use mobile payments are more likely to take financial risks and rack up fees, according to a new financial literacy study by the George Washington University School of Business.

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This Week’s Reads: Cloud, Millennials, iPhone

Banking 2020

How Millennials Spend – The Atlantic. How the iPhone could change the world of mobile payments – Washington Post. Below are interesting stories the Banking.com staff has been reading over the past week. Why giving mobile apps banking info isn’t as risky as it seems – CSO. What have you been reading?

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Millennials Pivot Toward Homeownership; Economic Ripple Effects Still Unknown

PYMNTS

It was only a few short years ago that the conventional wisdom was that millennials were shaping up to be slower entering the homebuying market than their Gen X siblings and baby boomer parents. Millennials are no longer holding back when it comes to homeownership. Things like homeownership. Today’s Buying Boom .