The size of Phoenix home millennials can afford

KTAR

The percentage of homeowners under 35 years old in 2015 was nearly 8 percent lower than it was in 2005, according to census data.

Whatever the reasoning, millennials aren’t as interested in buying houses. But when they do want to invest in homes, what they can afford isn’t getting them much space in a number of big cities.

SmartAsset gathered data based on millennial income and median net worth, then using their “home affordability calculator” determined what a person could afford. But what size of house does a given amount of income in a given city buy?

Continued:

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January 9, 2016

family planning, Housing, real estate

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The size of Phoenix home millennials can afford

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