Why aren’t Millennials buying homes?

Homeownership in the US is on the decline. Meanwhile, rental prices are soaring. For many Millennials with student debt, owning a home is a distant reality. So, will the Millennials stuck in the rental market ever break out of it? Is it a big deal if they don’t? And how are Millennials changing what American homes look like? Lou explains.

SOURCES & FURTHER READING

Urban Institute on Millennial Homeownership


Pfeiffer’s paper on Millennial housing in cities


Cory Booker’s affordable housing plan


Julián Castro’s people first housing plan


Redfin’s analysis of Elizabeth Warren’s student loan proposal


CREDITS
Writer: Louis Foglia
Editor: m.cho
Researcher: Hannah Miller
Supervising Producer: Allison Brown

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