Millennials are well behind preceding generations in home ownership.
Grow Your Business, Not Your Inbox
Stay informed and join our daily newsletter now!
4 min read
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
Although millennials represent the largest generation in the United States, they are significantly behind their parents and grandparents in homeownership. An Urban Institute study indicates that the homeownership rate among millennials aged 25 to 34 is about 8% lower than it was for Gen Xers and baby boomers when they were the same age. This is just one…