Saturday , 16 January 2021

Millennials

Is Student Loan Debt Really an Obstacle to Homeownership?

Contrary to a long-running argument, student loan debt burden is not an impediment to achieving homeownership, according to a commentary authored by First American Deputy Chief Economist Odeta Kushi. Citing data from the recently-released 2019 Survey of Consumer Finances, Kushi observed that although average student debt increased from $12,600 in 1992 to $40,600 in 2019 … The post Is Student …

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Investors Feeling Bullish on Millennial Homebuyers

Despite an unwillingness to buy, 18-35 year olds are able to purchase homes,. In this Video Spotlight, find out what is holding them back, and why investors are optimistic. The post Investors Feeling Bullish on Millennial Homebuyers appeared first on DSNews.

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Rising Rent, Falling Incomes Keeping Millennials from Homeownership

A new report by HireAHelper finds that while only baby boomers faced less affordable rent prices than Gen Xers and millennials, buying a home is out of reach for many millennials as income hasn’t been able to keep up with rising home values.  The report states that rent costs for baby boomers, when they were … The post Rising Rent, …

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