People Under 35 Dip Into Housing Market

The homeownership rate for Americans under the age of 35 peaked in 2006 and has declined ever since. But according to Marketplace.org, that rate may have bottomed out and started to rebound.

“Fannie Mae recently surveyed young renters and found that the steep fall in homeownership among people under 35 might be more a matter of personal finances and the overall economy than a lifestyle choice,” the article reports. “The survey found that 90 percent plan to own a home eventually.”

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