August 16, 2015

Millennials COMING OF AGE

From Goldman Sachs

Millennials
COMING OF AGE

One of the largest generations in history is about to move into its prime spending years. Millennials are poised to reshape the economy; their unique experiences will change the ways we buy and sell, forcing companies to examine how they do business for decades to come.

WHO ARE THEY?
A different world, a different worldview. Millennials have grown up in a time of rapid change, giving them a set of priorities and expectations sharply different from previous generations.































HOUSING
As Millennials enter their peak home-buying years, their reluctance to enter the housing market could change. The cohort’s sheer size, plus its desire to settle down in the future, could lead to a surge in home sales.

PEAK HOME-BUYING YEARS
25 y/o   Peak Home-Buying Years 45 y/o

Source: Goldman Sachs Global Investment Research



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