Will Millennials Ever Be Able to Afford a House?

As more millennials look to leave their city rentals and become first-time homebuyers, roadblocks-like rising home prices and a shortage of housing-keep getting in their way. ... percent, a monthly payment would go up by $70 and annually by $840,” National Association of Realtors chief economist Lawrence Yun told Newsweek. According to Yun, consistent job growth and the strong ...

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