Personal Finance Millennial Money: Make renting work for your financial goals Updated : August 21, 2019 06:46 AM IST Millennials are delaying homeownership and staying in rentals longer than previous generations, multiple studies show. Student debt — that bane of millennial existence — is one factor pushing back the age of homeownership. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.