ParkerAssociates-Blog-March-2018-millennials-are-buying
Homeownership rates are on the decline for all age groups across the country, data from the U.S. Census Bureau shows. This trend is particularly pronounced for millennials, whose homeownership rates dropped from 42% in 2006 to 35% in 2015. With house prices back on the rise, sky-high rents and student loan debt, it’s not surprising that young adults today are struggling to buy their own homes. However in some American cities, millennials are bucking the trend and buying rather than renting.
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