As highlighted in the Huffington Post millenials "want to buy homes but there aren't enough for sale and they cost too much." Student debt is also a factor.
The article adds that the "share of 25- to 35-year-olds who own homes [has] been falling since 2005 as renting [grows] in popularity" adding that last year 32.3 percent of young people were homeowners, a slight increase from 2016 when it was 32.2 percent. This is "well below the 45 percent in 2005 and the peak of 55 percent in 1980."
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