There are the stories of millennials being saddled with large student loans, living in their parents’ basements, and having difficulty finding jobs.
But things are looking up for this generation now.
“We had a little bit of difficulty coming out of college but now we’re doing very well,” Kristin Messerli, founder of Cultural Outreach, said during a keynote address at the CUNA Lending Council Conference Tuesday in Anaheim, Calif. “And we’re buying houses.”
One in three home purchases today are made by millennials, Messerli says.
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