Millennials Are Making This Huge Mistake When Buying a Home, Say HGTV's 'Property Brothers' Stars - AARP
Listen up, millennials. Jonathan Scott and Drew Scott, co-stars of HGTV's 'Property Brothers,' have some advice for you. 'Never be desperate to get into home ownership,' said Jonathan Scott. 'Because that's a great way to guarantee you'll fail.' Many millennials are burdened with student loan and credit card debt making it tough to save for a down payment on a home. 'You really need to be diligent that you're credit is in line and that you're organized when you get into home ownership,' he said. Drew Scott cited data from Alphabet's Google, showing a 44% increase in Google searches in the first-time home buyer category since last year. 'It means there are a lot of millennials looking to get into home ownership,' he said. More From TheStreet: We Over Parsed Janet Yellen's Strategy, Jim Cramer Says The Largest Privately Funded Nonprofit Organization Just Perfectly Explained How to Tackle Income Inequality The U.S. Spends Way More on Health Care Than Other Countries: Oscar Health CEO
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