Thursday, December 4, 2014

Fewer Renters Under 25 via

Axiometrics data show that the percentage of households that are renting has been increasing for most age groups since the housing bubble burst in 2007/2008. There is one significant exception, however, and renting among this age group has in fact trended steadily, although not dramatically, downward since the mid-2000s: the youngest adults among the millennial generation, those born in the late 1980s and early 1990s.

As Generation X gave way to Generation Y among heads of household under age 25, what was a leveling-off effect among renters in this age cohort turned into a gradual decline.

Read more...Fewer Renters Under 25 - Daily News Article -

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