Attending Bachelor Parties May Be Keeping You From Buying a Home #investment #realestate #homeownership

Source:  San Francisco Chronicle

You might have heard that it's really tough for millennials to buy a home these days.  They're drowning in college debt, struggling with a small housing supply because boomers aren't selling, and it's all making them feel bummed about their homeownership prospects.

Now one report says they may never own a home if they keep attending bachelor parties in Instagram-worthy locations.

The real estate site Zillow found that the average cost of attending nine bachelor or bachelorette parties in a person's lifetime comes surprisingly close to the 20 percent down payment on a median-priced U.S. home.  Though, not so much if you're living in the Bay Area.

Check out the full story here:
http://www.sfgate.com/realestate/article/millennials-bachelor-parties-homes-zillow-11748731.php

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