Housing bust lingers for Generation X

Screen Shot 2016-04-10 at 10.55.21 AMBy Chris Kirkham | The Wall Street Journal

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.

The data show an enormous swing in the fortunes of people born between 1965 and 1984, the group defined by the Harvard Joint Center for Housing Studies as Generation X.

Compared with previous generations, Generation X went from the most successful in terms of homeownership rates in 2004 to the least successful by 2015, according to the data, which date to the early 1980s.

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Related: Millennial mortgages a game changer?/Mortgage News Daily Video

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