Here’s what's stopping millenials from buying houses
as likely to have never married as members of the silent generation — those in their 70s and 80s — when they were young.
Young people are also in no rush to have kids. The share of married households with children, aged 18 to 34, dropped to 25% in 2015, from 37 percent in 1990. And having a child increases a person's chance of owning a house by 6 percentage points, the researchers at the Urban Institute calculated. If a person's education debt went from $50,000 to $100,000, their chance of homeownership declined by 15 percentage points, the Urban Institute found.
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