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Gen Y Scampers To Homeownership

  • USA Today, Wednesday, February 18, 2015 9:52 AM

Rents are rising, and in urban areas it is now unaffordable to young professionals. Ironically, that makes ownership an option, given historically low interest rates. Real estate website Zillow predicts these factors will help Millennials top Gen X as the largest group of home buyers this year. More than half of 18- to 34-year-olds said they plan to buy a house in the next one to five years, according to a survey by the company. 

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