Glenn Kelman calls millennials ‘the roommate generation’

For years, real estate professionals have looked to millennials to push the housing market forward as previous generations slow their homebuying and homeselling activities. However, several obstacles — overwhelming student loan debt, stagnant wage growth and skyrocketing home prices — have stifled millennials' homeownership dreams and turned them into what Redfin CEO Glenn Kelman calls "the roommate generation."