Underemployed, Debt-Ridden Millennials Dream of Home Ownership, Make Sad, Aspirational Pinterest Pages
Poor millennials! A new study has found that 79 percent of them believe that owning a home is part of the American dream, despite the fact that crippling student loan debt, a disappointing job market and one missed generational opportunity after another make such a dream out of reach for many of them.
In fact, millennials are lucky if they can even rent their own homes—a full 36 percent still live with their parents, according to a 2012 study by the Pew Research Group. (In 2005, only 21 percent of 25 to 34-year-olds lived in the parental home, according to the U.S. Census). Read More