. About 30 percent of the platform users looking at Philippine properties come from those aged 25 to 34 years old. The study suggests that millennials abroad may be looking for properties to house their family or tap into sources of passive income. They may likewise be seizing employment opportunities locally. Gen Y on Home Ownership This finding supports earlier observations by property experts shared in recent Lamudi roundtable discussions. In the virtual forum held in September titled , industry leaders noted the increase in the number of millennials buying homes amid the pandemic. They explained that financial habits have changed since the lockdowns. Money initially earmarked for retail and leisure expenses, such as in travels, may have been redirected to property ownership. Better deals in the market have likewise attracted millennials to buy homes. A few property developers offered discounts and stretched terms on downpayments. Moreover, Pag-IBIG lowered its interest rates to revive borrowing activity.