RadioBDC Logo
The House | Air Traffic Controller Listen Live
 
 
< Back to front page Text size +

The myth of renter nation

Posted by Scott Van Voorhis July 19, 2013 09:28 AM

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

The fact that so many Millennials are now renting instead of buying has been trumpeted as a hip lifestyle choice.

If you are between 25 and 34, there is less than a 40 percent chance that you are a homeowner.

That's compared to more than 46 percent before the real estate market crash, USA Today reports.

But it turns out that many members of this up and coming generation would like to become homeowners as well - they just can't get a break.

Check out the USA Today piece - it helps put a dent into the idea of Renter Nation.

What's your take? Is Renter Nation for real or just a way of papering over some serious structural problems with the real estate market?

This blog is not written or edited by Boston.com or the Boston Globe.
The author is solely responsible for the content.

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

About boston real estate now
Scott Van Voorhis is a freelance writer who specializes in real estate and business issues.

Latest interest rates

SPONSORED
RE by the Numbers
2014 Boston Bracket Voting - Here & Now Division
Our voting for the 2014 Boston Bracket to find out Boston's best neighborhood starts with our Here & Now and Old Guard Divisions, which includes...
archives