When it comes to priorities, it seems that most Americans would rather have a smartphone than their dream home.
In a LendingTree
survey of 1,500 adults, 50 percent of respondents said would rather live in their dream home than have all of their existing debt paid off. But 83 percent of respondents–roughly four out of five–stated they would not give up their smartphone for their dream home. Other sacrifices that would-be dream home occupants would make include eating out (42 percent), vacations (41 percent), social media (35 percent), shopping (32 percent) and chocolate (31 percent).
As for the Millennial generation that grew up attached to their smartphones, 56 percent of this demographic envisioned purchasing their dream home one day, although the roughly 75 percent believed their first house will be a starter home rather than a forever residence. And 45 percent of younger Millennials (ages 22-29) lamented that their dream home is not located in their current state, versus 36 percent of older Millennials.