Over the next decade, a greater portion young Americans are poised to become homeowners. The homeownership rate of young adults will probably rise to 58.1 percent in 2025, Bloomberg reported, citing Freddie Mac. The rate could rise as high as 60 percent in a more optimistic scenario, or 55.9 percent under a more pessimistic one. Between 2000 and 2016, roughly 700,000 young adults chose not to buy a home because costs outpaced incomes, the report […]
source https://therealdeal.com/2018/07/02/youth-is-wasted-on-the-young-but-homeownership-soon-may-not-be/
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