A new report form Apartment List says that while Millennials are the nation’s largest generation, and by sheer volume they are purchasing more homes than any other group, they remain well-behind previous generations when it comes to owning homes. They say a lack of affordability has left many in this cohort priced out of the “American Dream.”
For some Millennials, there is also a sharp divide between their lived experience and that of their parents, for whom an abundant housing market made homeownership – and its long-term benefits – attainable as younger adults.
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