Daily Real Estate News
The home ownership rate among those who are under 35 will continue to drop through 2025, according to a new report released by John Burns, a real estate consultant.
In 2004, the home ownership rate peaked at just under 70 percent for all age groups. Americans born in the 1970s were 25 to 34 years old at the time and were forming new households at a fast rate with nearly 50 percent owning a home then. That is 5 percent higher than the average rate since 1981, according to Burns’ study.
