According to a poll of 1,400 U.S. homeowners from Bankrate, nearly two-thirds of millennials say they have at least one regret about purchasing their current home.
Nearly two-thirds, or 64%, of millennials (ages 25 to 40) say they have at least one regret about purchasing their current home, according to a new poll of more than 1,400 U.S. homeowners from Bankrate.
Only about 45% of Gen X (ages 41 to 56) and 33% of baby boomers (ages 57 to 75) reported having some type of remorse about their current home, the survey found. But overall, having some dissatisfaction is pretty common: about 43% of all homeowners have at least one regret about their home.
“These purchases, even for those who are well qualified, can be a leap of faith,” said Mark Hamrick, Bankrate’s senior economic analyst, in the report. People tend to focus so much on actually being able to buy a home that many times there’s a sense that everything else will resolve itself once the initial purchase is completed, he added.