Archive for April, 2015

Millennials

Are Millennials (18 – 34yr olds) slower to leave home than previous generations?

The oldest in the age group, generally considered those born between the early 1980s and the late 1990s, launched careers during the recession. Jobs were scarce, earnings were stagnant, and as a generation, they accumulated record amounts of student debt. Many simply couldn’t afford to leave home and that slowed household formation and demand for housing.

Here’s the good news: Recent economic reports show a steady ...

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