Millennials priced out of home-buying - Fox 28: South Bend, Elkhart IN News, Weather, Sports

Millennials priced out of home-buying

Posted:
They're not stuck living in their parents' basement; millennials just can't afford to buy a house these days.

When it comes to the housing market they're priced out.

The Census Bureau reports that only 36% of Americans younger than 35 own their home.

That's the lowest percentage since 1982.

As for what's stopping them from buying, there's student loan debt, tight credit, and a tough housing market.
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