On average, Harrogate Millenials have spent £120,870 on rent by the age of 35, asserts Tom Lawrence from EweMove Harrogate.
Tom has looked in depth at the figures and there are some surprising insights. It certainly isn't all doom and gloom for the generation dubbed Generation Rent as some older millennials are now making their way onto the housing ladder due to savings made as well as some help from the bank of mum and dad. This is creating demand for homes to purchase. Great news for Harrogate Homeowners. Younger Millennials are, on average, looking at continuing to rent high quality, well finished homes ensuring that buy to let investment remains a good option. You can read more in his fascinating blog post here.