Overall, the older the generation, the more likely its members are to report feeling a sense of community where they live. But, the younger the generation, the more likely its members are to feel they should be doing more to
The Effect of Student Loan Debt on Homeownership Writers and politicians are very concerned about increasing costs of college and student loans on the average young person. The amount of outstanding student debt in the US is now $1.25 trillion, and
When it comes to buying a home, Xers, Boomers, and Matures all plan to stay in their current home as long as possible, while Millennials plan to purchase their next or first home within the next 2-5 years.
The centennials – those born from 1997 to present – have different attitudes around spending and saving. This new generation is more cautious, less brand conscious, and altogether less prone to the free-spending excess that characterized millennial teens.
32 percent of the U.S. population is 50 years or older, and two-thirds of the primary home equity is owned by those over 55. The choices made by this demographic group will impact housing opportunities available to younger generations, especially
Millennials are delaying marriage longer than any previous generation. Understanding millennials’ attitudes, preferences, and behavious is critical because they have significant implications for many aspects of U.S. social and economic life.