Remote Work Fueling Millennial Interest In Cheap Old Houses

Remote Work Fueling Millennial Interest In Cheap Old Houses

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Business

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The video discusses the trend of buying affordable homes in rural areas, particularly in Wheeling, WV, where homes are significantly cheaper than in major cities. Betsy Sweeney's purchase of a large home for a fraction of the cost highlights this trend. The 'Cheap Old Houses' movement, popularized on Instagram, has gained traction, especially among millennials seeking affordable housing. However, these homes often require costly renovations, posing financial challenges. This trend is part of a broader 'great reshuffling' of how Americans live, potentially revitalizing rural areas with new energy and capital.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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