DALLAS—The life-changing decision to purchase a home keeps many millennials from taking the plunge. Those brave enough to test the waters might find themselves being pushed out of the competitive Dallas housing market, known for its soaring prices and limited inventory.
On the opposite end of the spectrum, baby boomers, many of whom have become empty nesters, are looking to downsize and to live as debt free as possible with increased flexibility for travel and lifestyle conveniences. The crossroads of these two generations has often landed them in the same place– multifamily housing. While there are vast differences between the two groups, Stephanie Bland, vice president of operations at Knightvest Management, explains how they're not so different when it comes to renting.
GlobeSt.com: In what parts of the metro are millennials and boomers converging?
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
