5 reasons the millennial home-ownership rate is low
Source: Housing Wire
Millennials waited, and continue to wait, longer than previous generations to own a home, and new data from the Urban Institute reveals why.
The generation's homeownership rate was 37 percent in 2015, about 8 percentage points lower than the rate of Gen Xers and Baby Boomers when they were ages 25 to 34.
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