Homeownership rates are declining across all age groups due to rising housing costs and stagnant wages, not just among millennials. This trend impacts wealth accumulation and intergenerational transfers, widening the gap between homeowners and renters. Developers and tech professionals should monitor income growth relative to housing affordability as it dictates broader access to homeownership.
Read the full article at Realtor.com Blog
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alinemati1983-6987Written by alinemati1983-6987
