With homes at their least affordable level in about 10 years, the millennial generation is making some tough decisions in order to become homeowners. New data from a recent Trulia survey suggests they are more likely to trade home features for their ideal location or neighborhood. The Washington Post’s Michele Lerner reports 84% of millennials would make that trade, and 35% of baby boomers and 22% of Gen Xers would not compromise.

About one-third of millennials are willing to give up a garage, a recently updated kitchen or some square footage to live in their ideal neighborhood. Nearly one in four millennials would be willing to accept a higher crime rate for their ideal home, while only 15 percent of baby boomers said they would accept a neighborhood with a higher crime rate to get the house they want.

Read More