10 Compelling Reasons Millennials Aren’t Having Kids
- By
Julia Austin
Source: VioletaStoimenova / Getty
Homes are getting smaller
Homes are getting smaller, too. The lucky bunch of millennials that can afford homes aren’t getting the ones our parents and grandparents had. In fact, over 25 percent of millennial homebuyers purchased a house with less than 1,200 square feet. That’s about the size of a two-bedroom apartment. The average size of homes purchased by older generations was 1,850 square feet. Naturally, you can easily fit another bedroom or two in a home of that size. But the idea of raising not just one child but perhaps several in a 1,200 square-foot home is claustrophobic. What of the days when people of moderate means could afford a home office and a guest room?
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