Breaking News
How to Make Sourdough Bread for Beginners (Teaching My Mom Every Step)
EG4 DIY Dual Zone Mini Split! How Many Panels Do You Need?
Newsom Scrubs '$100 Million' Slippery Slope From National 'Billionaire Tax' Pitch...
Young Americans Expect To Buy A Home Later In Life (Or Not At All)
Top Tech News
'Groundbreaking' Potential Lupus Cure Sends Patients into Remission, Allowing Dreams...
Speculations on What Could Show Physics Beyond the Standard Model
SpaceX Orbital Travel and Orbital Hotels Need Starfall – Getting Back Safe and Cheap is Exciting
Lizard-inspired wiggly wheels let Mars rover swim through sand
Fact Sheet: President Donald J. Trump Ushers in the Next Frontier of Quantum Innovation
Researchers at Johns Hopkins University just let an AI-guided robot remove a dead pig's gallblad
World's first consumer wing-in-ground effect aircraft takes flight
America's Military Readiness Depends On Deployable Nuclear Power
License Plate Cameras Are About To Start Tracking A Lot More Than Just Your Car
Heads up: Apparently the government is hiding cameras inside fake utility boxes
Young Americans Expect To Buy A Home Later In Life (Or Not At All)
For decades, homeownership has been a key milestone of adulthood in the United States.
In recent years, however, the middle-class ideal of homeownership and suburban comfort, once an embodiment of the American Dream, has gotten out of reach for many families, as elevated home prices, high mortgage rates and a period of stagnant real wages have left many families unable to even consider it.
As Statista's Felix Richter shows below, only 25 percent of non-homeowners expect to buy a house in the next five years, according to Gallup – the lowest share since the question was first asked in 2013.
Among those aged 18 to 34, a key group of prospective buyers, intentions have also fallen sharply.
The share expecting to buy in the next fiv
e years dropped from 57 percent in 2013/2015 to 29 percent in 2025/2026.
At the same time, the share of non-owners who don't see themselves buying a home in the foreseeable future has increased from 13 to 30 percent.
