Fannie Mae Says Millennials Are Finally Leaving Their Parents' Basements

Homeownership has been delayed but not forgotten.

Better than a basement.

Photographer: Daniel Acker/Bloomberg
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Parents, rejoice. Your offspring may finally be moving out of the family basement.

A new report (PDF) from Fannie Mae, the U.S. government-backed mortgage company, suggests that the millennial generation is getting a move on.