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The myth of renter nation

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

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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.

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

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