If you are one of the 25% of millennials who say that they plan to "always rent" rather than buy a home, then Home Depot may have the miracle you've been waiting for.
For just $44,000 -- or $1,827 per month for 24 months on an installment plan -- you can purchase a 540 sq. ft 1 bed, 1 bath prefabricated home at your local Home Depot (HD).
DON'T MISS: This Is the Best City to Watch Your Home Investment Grow
Prefab homes are manufactured piece by piece off-site and then are transported and assembled on the homeowner's property. Prefab homes have been lauded as the future of sustainable housing thanks to their low cost to manufacture and assemble.
Don't have any land to put your newly purchased prefab home? Well the original poster, @Thefrugalgay11 has solution for that problem too that won't break the bank.
That's right, move to Toledo, Ohio, buy a plot of land for just the cost of two weeks worth of avocado toast, and then build your dream home on top of it.
Of the 25% of millennials that say they will always rent in a 2022 Apartment List survey -- nearly double the portion that said the same in 2018 -- about 75% said they can't afford to buy a home.
In 2021, the number of millennial homeowners eclipsed the number of millennial renters for the first time. "That milestone came more slowly for millennials than it did for previous generations," according to Money.com.
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