The decline in young home owners is a puzzling trend. Interest rates have steadily declined over the last 30 years. Mortgage lending has loosened. Women have ascended in the workplace and supplemented their spouse’s earnings. How in the face of all of these positive developments did home ownership among the young keep falling?

Derek Thompson, “The End of Ownership: Why Aren’t Young People Buying More Houses?” (via theatlantic)

What’s the point? You might get laid off tomorrow.  You might have to move out of town (state or country) to find a job.  You might not even have a job that pays well enough to let you save for a down payment.  

How is this really a mystery???

(via npr)

Source: The Atlantic

241 Notes/ Hide

  1. donteattheflowers reblogged this from npr
  2. trexcommentary reblogged this from pegobry
  3. asongagainstsex reblogged this from theatlantic
  4. sweetsouthernnights reblogged this from charlesemerson and added:
    Proud little homeowner right here.
  5. hypotheticalwren reblogged this from urbnist
  6. charlesemerson reblogged this from npr
  7. wolfrhamhart reblogged this from npr and added:
    I’m Gex X and not a Gen Y/Millennial the article is talking about but many of the factors that applied to me apply to...
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  13. exiledinbrooklyn reblogged this from npr and added:
    My guess….. Either we’re too fucking broke because there’s no jobs, or the student loans we have to pay. Also even if...
  14. avivajazz reblogged this from theatlantic
  15. museandmeditatio reblogged this from npr
  16. pegobry reblogged this from theatlantic
  17. tallerthanarico reblogged this from npr and added:
    C’mon Lisa. Next year, RN school.. after a year and a few months later… get a job. Get a job, and save up. Save up, so...
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