Millennials/ Gen Y, by subjective definition, are people who were born in the early 1980s and whom can be considered to be homeowners for the past 5 to 10 years.
Not only armed with the exposure of technology and co-sharing economy (transport, working spaces), millennials are also exposed to the property trends in recent years. Trends like smaller houses, transport/ amenities oriented developments, and preference/ priority on interior design. Here are some that we have picked up along the way:
Gold or brass accents used to represent a little of of posh and show-off. Now, it's just a little pop that could help break the earthy and plain colors.
Ikea has come a long way from providing a instruction-reading challenge and furnishings for students. They have started incorporating metal works and colours in their products in order to cater for their changing market, customers base and home owners.
Marble has always been synonymous with luxury, but not the easiest to maintain. With the new breed of dual-income home owners, practicality trumps aesthetics.
The term "work from home" has never been more prevalent than in this era, either due to millenials bring home from work or the flexible nature of their job.
With the introduction of smart TV feature and Netflix, long gone are the days of multi-gadget TV area. Many home owners are opting for the minimal set up (or none at all in the scenario above).
Selected and cleverly located industrial elements can bring depth and variety to the house. This apt, as millennials does not shy away from expressing themselves.
What you see is what you can. Open shelves and displays can prevent the home looking too sterile or boxed up with storage.
Some do it from their years of habit of sleeping on the floor, while many others love the concept of having less. Of course storage or secret compartments are added desirable features.
Home decor, interior design trends and taste are all part of the mass consumer market and home owners are never exempted from them. It is always good to be aware and make it work for your rather than work against it.