U.S. Homeownership Expected to Rise for the Young
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The “American Dream” could be on the verge of a rebound for some. The home ownership rate for young Americans will probably increase over the next decade to close to 60 percent from below 40 percent in 2016 as their incomes increase and they start families, according to Freddie Mac estimates. The data track two cohorts: Americans who were between the ages of 25-34 in 2016 and those who will be in that age group in 2025.
Freddie Mac determined: