Generational Real Estate: Gen-Xers don’t want to be homeowners

Screen Shot 2015-06-26 at 9.44.19 AMBy Kathryn Vasel | CNN Money

Not everyone is keen on the idea of owning a home.

Millennials are often blamed for the drop in homebuying, but Generation X isn’t jumping on the homeowner bandwagon either.

The U.S. homeownership rate has been falling since 2005, and Gen-Xers are a big part of the decline.

Homeownership among those aged 35-54 has dropped the most of any other age group since 1993, according to Harvard’s State of the Nation’s Housing 2015 report — especially those under age 44.

Continued:

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