Why Michigan Is Affordable for Millennials: Prices, Rents, Programs
Posted by Michael Perna on
If you’re a millennial who feels like homeownership is a distant dream, you’re not alone. Across the U.S., younger buyers face high prices and rising interest rates that make buying a home harder than ever. But here’s a Midwest secret: Michigan is emerging as a haven of affordability for millennials looking to put down roots. In a time when many peers in coastal cities are stuck renting tiny apartments, millennials in Michigan are finding they can actually afford spacious homes and a comfortable lifestyle. The Great Lakes State offers an appealing mix of lower home prices, local support programs, and a reasonable cost of living that’s turning frustrated would-be buyers into happy homeowners. Written in the voice of a lifelong Michigander and Metro Detroit…
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