As well as battling acquiring mortgages, of a lot millennials also are incapable of manage down money on residential property due to pupil loans. A condo Checklist study of 6,eight hundred millennial tenants unearthed that those with education loan financial obligation would be notably delayed within ability to pick a home. New study’s article writers, Chris Salviati and you will Rob Warnock, reported that a projected 23 percent away from school students without scholar obligations can help to save enough to own a down payment within the next five years, as compared to merely twelve percent away from college graduates that happen to be currently repaying student loans.