Reply to What millennial and gen z buyers love?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I actually work with 20 somethings who are starting to buy houses. [b]They would rather buy a cheap flip with trendy finishes in a bad neighborhood than a fixer upper in a good neighborhood. [/b]And that's what they're doing. Makes for better instagram pictures and none of them want kids anyway.[/quote]

You realize it's because they probably cannot afford to fix it up right?[/quote]

Here's an example: coworker showed me a house she was looking at; floors were grey tone vinyl, countertops in kitchen were marble-print laminate, bathroom shower was obviously marble-print "BathFitters" plastic coating. I showed her a 90s-era house near me that had real tile bathrooms, hardwood floors and granite counters and she felt it was too dated. I pointed out that she couldn't even spill water on that laminate countertop without it getting waterlogged and she said "I don't care, it looks good in the pictures."[/quote]

Dp. Isn't it easier to renovate vinyl floors than tile?

If a buyer wants to eventually redo a home when they have more money, your friend's choice makes sense. Those "nicer" finishes you mentioned don't matter if the counters and floors are going to be replaced down the line anyway. At least your friend gets to enjoy living in something she finds aesthetically pleasing in the meanwhile.

I don't know if your friend is actually planning on doing any renovations, but I did not value dated tile as being better than vinyl when I purchased. I knew then that I would be replacing the flooring and counteracts anyway.[/quote]

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