Millennials Are Crowdfunding Their Houses

Millennials Are Crowdfunding Their Houses

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Fundrise Rendering

If Millennials had a dollar for every complaint that Baby Boomers threw at them, they might have enough money to actually buy a house.

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In a recent survey from ApartmentList, 80 percent of Millennials would like to purchase real estate.  However, "68 percent of millennials said they have saved less than $1,000 for a down payment. Almost half, or 44 percent, of Millennials said they have not saved anything for a down payment."

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Furthermore, Millennials are over a decade away from being able to afford a downpayment in any major city.  Look at this graphic from ApartmentList:

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