Monday, April 11, 2016

WSJ: "Housing Bust Lingers for Generation X"

A decade ago I was arguing one of the tragedies of the housing bubble was that many first time buyers would sour on homeownership for a long time, if not forever. Unfortunately that has happened. From Chris Kirkham at the WSJ: Housing Bust Lingers for Generation X The group of Americans known as Generation X has suffered more than any other age cohort from the housing bust, according to an analysis of federal data, suggesting homeownership rates for that group could remain depressed for years to come. ... There are now three million more renters in their 30s and 40s today than 10 years ago,......(read more)
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