Five residents of a Texas town where half the homeowners are millennials break down the good and bad: The growth explosion helped the economy, but put stress on housing and schools

• Midland's booming oil and energy sector has brought thousands of millennials to the West Texas city.
• Insider spoke with five residents to understand how their presence has transformed Midland.
• They said the influx of homebuyers has strained the housing market and schools, but there are perks.

From Baltimore to Florida, young people across the country have grown disenchanted with homeownership.