The Urban Institute estimates that 3.4 million more people would be homeowners if the rate of ownership kept pace with previous generations.
Why Buying Is Tougher for Millennials Than Their Elders
Millennials are the most educated generation in the nation’s history, but student loan debt is hampering their ability to save for down payments. The Urban Institute’s research suggests that it takes only a 1% increase in a person’s student loan debt to decrease the likelihood he or she will b…
