You read this fact on a random website called apartmentlist.com, didn't you?here is the truth---what percentage of 25 year olds own home?
at age 25 the millennial, generation x, and boomer homeownership rate were ALL ROUGHLY 30 percent.
this blows your theory all to hell...thanks for playing
That's not exactly credible now is it?
BTW I read that 99% of Republicans are Nazis on the internet as well.
Seeing as we take any websites word for it, I'll consider that 100% true.
Why are younger Americans less likely to own their home?
The generational differences in homeownership can be explained by the fact that younger generations typically don’t have sufficient savings for down payments yet, whereas older people have worked for longer and have more savings. Student debt is a major obstacle to buying a home for Gen Zers and Millennials, because they often don’t have money to spare for long-term savings after they have made their student debt payments. According to a 2019 analysis, the existence of student debt prolonged the down payment savings process by several years."