Debt Trap! How 'Buy Now, Pay Later' is Burying Millennials in Real Estate

"Buy now, pay later" might sound enticing, but for millennials in real estate, it could mean accumulating more debt than they can handle. It's no secret that the millennial generation is struggling with debt, particularly when it comes to real estate. The allure of "buy now, pay later" deals has led many young homebuyers down a dangerous path of accumulating more debt than they can handle. Ultimately, buying a home should be a decision based on long-term financial planning, not short-term gratification. By taking a more measured approach to homebuying, millennials can avoid the debt trap that has ensnared so many of their peers.