Decrease in Young Home Ownership
1-17-17Submitted by Virginia Couch
ACCORDING TO A STUDY BY THE WALL STREET JOURNAL, 32 PERCENT OF YOUNG
PEOPLE BETWEEN THE AGES OF 18 TO 34 ARE LIVING AT HOME WITH
PARENTS INSTEAD OF MOVING OUT ON THEIR OWN. THESE NUMBERS HAVEN'T BEEN THIS
HIGH SINCE THE GREAT DEPRESSION. HOWEVER, LOCAL REAL ESTATE AGENTS WANT
MILLENNIALS TO UNDERSTAND QUALIFYING FOR A HOME ISN'T AS HARD AS THEY
THINK.