Millennials are Reshaping Real Estate

In this episode of Agents of Change, Chris Kelly of Amherst Capital Management discusses how millennial habits are changing the real estate sector and creating new opportunities for investors.

With slower wage growth and more debt than previous generations, millennials (those born between 1982 and 2000) have very different spending behaviors than the generations that preceded them. They spend a higher percentage of their income on housing, which has created a market for new types of residential properties. They have different expectations around work, which has transformed office spaces and commercial real estate. And by doing most of their shopping online, they're also having an effect on the retail landscape. In this episode of Agents of Change, Chris Kelly of Amherst Capital Management discusses how millennial habits are changing the real estate sector and creating new opportunities for investors.

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