Millennials are the most influential generation right now, especially when it comes to the buying and selling aspect of the economy.
If you’re also among those millennial men, you can definitely benefit from your spending power while taking over a job after one of the baby boomers retire.
Besides, you have also got the opportunity to launch your own business with limited resources. Likewise, you can adopt the living trend that suits your lifestyle the most.
While men are shaking up a lot of markets, their real estate dealing is quite interesting. It’s been unique from other generations so far, so let’s take a look to see what’s in these days!
1. Men Are Renting Instead of Buying
The economy is far from stable, and the current atmosphere shows little sign of settling down anytime soon. It’s certainly much more difficult for an average millennial male to buy his own house or even an apartment. If you're shopping for apartments in Glendale CA and you think you’ll be able to afford it, make sure to choose the best option.
In fact, many men are opting to live on at their parents’ house until they find a suitable and affordable place to stay. In the age group of 18 to 34, around a third of these youngsters are staying in their family home. They’re probably paying rent, though, but this choice is much cheaper than buying real estate. When they do move out and rent, it’s likely to be with a spouse and kids, a partner, or roommates.
2. Home Offices Tend To Be Economical and Convenient
Since working remotely is increasing in popularity, numerous men are now embracing the idea of home offices. This generation is also known for its startups, so a full-fledged workspace for working at home is essential.
Hence, they’re now looking for apartments with an additional room so they can easily set it up as a home office where they can work in peace. These include luxury apartments in Los Angeles has to offer as well as the more economical kind.
3. Going Offline For Groceries Is The Growing Need
Since men are so engrossed in their technology, one might expect them to shop online for just about anything. There are several large stores that offer monthly or weekly deliveries for groceries.
However, the reality is that busy men actually prefer brick-and-mortar stores to services like Amazon for their grocery needs. Their favorites are large places like Walmart or just the traditional grocery stores that seem to have everything.
With these options, men with hectic work schedules are finding it convenient to shop for everything they need. This way, they can browse and see what’s available, as well as take advantage of seasonal deals more carefully.
Plus, they don’t have to gamble on the wrong products in their delivery or having some damaged items that would be a hassle to return. The huge amount of packaging that courier services use for even the smallest item is also a deterrent to environmentally conscious individuals.
4. Home Workouts Are The Rage
Since men prefer to save money by living with roommates and renting living spaces, it’s only reasonable that they want to save in other ways as well.
Online workouts and subscriptions to fitness plans mean that people are now saving their time and money by working out at home.
Besides various benefits of at-home workouts, this is a great way to save on gym memberships, the cost of a ride to the gym, and the emotional cost of working out in front of other people.
While some might choose a more collaborative way of working out, the home version is definitely on the rise. Therefore, men are also on the lookout for apartments where they can actually have space to get in a proper workout.