The Millennial Homeownership Divide: Ownership Increasing but Gap Persists.
TL;DR Summary
More than half of millennials in the US own a home, according to US Census data. However, 25% of millennial renters have given up on the idea of homeownership, and two-thirds of those who want to own haven’t saved up for a down payment. The homeownership rate for millennials has been a slow climb, with only 42% owning their homes by age 30 compared to 48% of Gen X and over 50% of baby boomers.
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