“At age 30, the millennial homeownership rate is approximately six percentage points lower than that of their generational predecessors, Generation X, at the same age,” First American Economist Ksenia Potapov said.
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Millennials: Getting Into Houses Earlier Than Their Parents
A new report from Redfin also reveals that Gen Z took advantage of ultra-low pandemic-era interest rates to make their homeownership dreams come true.
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