Millennials are key to housing recovery, Harvard research shows

Printer-friendly versionSend by email
June 26, 2014

Courtesy of Harvard JCHS

The map above, recently released by the Harvard Joint Center for Housing Studies, demonstrates the affordability issue in the U.S. housing market. The darker purple areas represent households that pay over 30 percent of their income for housing; households in the darkest purple areas pay more than 50 percent. One elusive key to the market’s stronger growth is millennials – potential first-time homebuyers who are saddled with higher-than-ever student loan debt and falling incomes, and who continue to live with their parents.
Read more

Comments on: "Millennials are key to housing recovery, Harvard research shows"

April 2016

This Month in Professional Builder

Features

The building community reports on the growing popularity of bringing the indoors outside.

Overlay Init