Philly.com – Millennials are fueling a rental boom but when will the tide turn?

By Erin Arvedlund, Inquirer Staff Writer | POSTED: November 23, 2014

Millennials are holding off on buying homes.

The result: an extended rental trend among 25- to 34-year-olds that is bringing real estate opportunities of its own.

Between 2000 and 2010, the number of millennials nearly doubled in central city neighborhoods of the Philadelphia-Wilmington-Camden metro area, to 50,273, according to an October report from think tank City Observatory.

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