Millennials are Destroying Homebuilding.
Are the buying habits of Millennials helping to destroy certain industries? A Wall Street Journal article last year said that Millennials are killing 5 industries. One of those businesses was new home builders, because Millennials don’t seem to be interested in owning homes. Our Information Market agrees, saying there is only one conclusion to draw about the continuing slump in new home construction in the Phoenix area in 2015, and that is “the Millennials are to blame”.