The homeownership rate among Millennials U.S.’s households (run by those aged 35 or younger) fell to 35% in Q4 2016, down from 39% in late 2010, according to the Census Bureau. Delaying a first home purchase is within a context of limited credit, reduced wage rises and with fewer marriages or children compared to their parental generation of a similar age group. Only 6% of Millennials who moved last year stated a main motivation to own a home, compared to 14% in 2000. In late 2016, 64% of...
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