It is estimated that more than eight million people in Spain belong to the "millenials" generation. This generation is about to become a true economic engine, thanks to its gradual entry into the professional world.
What is the "millenials" generation? To put it in a nutshell, we can say that these are the people who belong to "Generation X" (born from 1962 to 1979) and "Generation Z" (born from 1992). The millenials would be all those born between 1980 and 1992.
Buying your first home
he millennials were born at the height of economic prosperity and digital revolution. Their input into the job market has been greatly affected by a period of economic crisis, which we are not sure if we have come out of it yet.
This social group is characterised by the difficulty they face in coming up with funds for buying a property. Men and women between the ages of 24 and 36 (the millenials) face the urge to live independently and get a place of their own.
What decision do they make? According to different studies, 17% of this generation chooses to buy their first home while 81% opt for renting a property.