An underrated factor in millennial homebuying: Dogs

Published August 3, 2017 6:10pm ET



According to a new SunTrust poll, one-third of millennial homeowners say their decision to buy a home was affected by their desire for more space for their dog. Of millennials surveyed, 66 percent cited more living space, 36 percent cared about building equity, and about 25 percent wanted a home due to getting married. About 33 percent were focused on providing a better standard of living for their dogs.

At first glance, this could be construed as yet another rite of passage millennials are ruining––more millennials care about their dogs than getting married, or the birth of a child?

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