In a sign that the US economy may have millennial substance, home ownership, and new household formations are on the rise. According to the Wall Street Journal, the uptick from the downward cycle caused by the financial crisis and housing crisis may be over. The key is: will the urge to experience more away from a home than to stay put and form long-term roots subside with the millennial buyer? Additional details are revealed in: Rent or Buy? More Young People Are Choosing Homeownership – WSJ
Author: Mason Hayutin
Founder, Editor and contributing writer, Mr. Mason Hayutin is recognized for his depth of experience and knowledge in technology, energy economics, real estate and the arts (fine and visual). Having worked with recognized world-class artists and their estates since 1997, Mason brings a wealth of practical experiences from installations, marketing, and private sales. An active business advocate, he successfully released the fine art documentary film LUBIE LOVE in 2009 ahead of the global auto crisis - in addition to maintaining his tenure at GALLERY M INC. Hayutin holds a degree in Economics from Washington University in St. Louis. He is the founder of MASONmodern, a boutique real estate firm based in Denver, CO. You can read his insight here at The Art Quarterly as well as in regional and national publications.