Why Millennials Are Getting Into Real Estate

By Christine Perez, D Magazine

power_broker_millennials

Dallas appraisal executive Chuck Dannis has taught the same real estate class at Southern Methodist University’s Cox School of Business since 1988. Over the years, enrollment has risen and fallen, in line with the cyclical nature of real estate. “I think my 2009 class had seven students,” Dannis says. “This year, I had 37—the biggest class ever.”

During the last couple of decades, many 20-somethings have been lured by the excitement of careers in technology and oil and gas. Now, though, as Dannis’ class size illustrates, commercial real estate is making a comeback. There’s a lot to love about the profession. For the most part, it’s out-of-the-office work. It’s intellectually stimulating, there’s a lot of creative problem-solving, and it has a strong entrepreneurial bent. “Real estate is mostly an ‘eat what you kill’ profession,” Dannis says. “It allows high achievers to make more money than those who just want to cruise along at their own pace.”

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About Cliff Bogart

Commercial Real Estate Broker, Commercial RE Instructor, CCIM Instructor, runner, triathlete, movie geek, father and husband.
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1 Response to Why Millennials Are Getting Into Real Estate

  1. Pingback: Why Millennials Are Getting Into Real Estate | Texas Commercial Real Estate Outpost

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