Homeownership in America Has Collapsed—Dont Blame Millennials

Yes, the article is interesting, but I’m blogging it for the Jane Austen reference.

imageIt is a truth universally acknowledged that a journalist in possession of a negative statistic must find a way to blame Millennials for it. In 2012, Jordan Weissmann and I observed that young people were turning away from homes and cars, the twin engines of the economy. Two years later, the homeownership rate is still declining for Americans under 35 (most of whom are Millennials, i.e. born between 1982 and 2000). —Atlantic.