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0 pointsmirntyfirty4y ago0 comments

I’d disagree in the sense that the home ownership population differs from those that have been buying or selling in the last few years.

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xadhominemx4y ago

If millennials were not buying homes at similar rates to their parents, the home ownership rate would be declining

jeffreyrogers4y ago

People still talk about millennials as if they are still in their 20s, but the oldest millennials are now 40. I'd guess that age of first home purchase has been trending up for a while.

ClumsyPilot4y ago

There is no need for hypotheticals, we know for a fact they are not buying homws at a similar rate as their parents

xadhominemx4y ago

Home ownership rates for people under 35 is the same as it was in the mid-90’s and only a few % lower than it was at the peak of the housing bubble

petra4y ago

More people are investing in real-estate, and less millenials are buying.

alistairSH4y ago

Millennials made up 43% of home-buyers in 2021, the largest of any generation. That's up from 37% in 2020.

https://www.nar.realtor/newsroom/nar-report-shows-share-of-m...

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xadhominemx4y ago

If millennials were not buying homes at similar rates to their parents, the home ownership rate would be declining

jeffreyrogers4y ago

People still talk about millennials as if they are still in their 20s, but the oldest millennials are now 40. I'd guess that age of first home purchase has been trending up for a while.

ClumsyPilot4y ago

There is no need for hypotheticals, we know for a fact they are not buying homws at a similar rate as their parents

xadhominemx4y ago

Home ownership rates for people under 35 is the same as it was in the mid-90’s and only a few % lower than it was at the peak of the housing bubble

petra4y ago

More people are investing in real-estate, and less millenials are buying.

alistairSH4y ago

Millennials made up 43% of home-buyers in 2021, the largest of any generation. That's up from 37% in 2020.

https://www.nar.realtor/newsroom/nar-report-shows-share-of-m...

j / k navigate · click thread line to collapse