Bank of Mom & Dad Bail Out the Housing Market
Although the housing market is stabilizing, young first-time homebuyers’ lack of participation is getting in the way of the recovery process. According to the latest data from the Census Bureau, the share of homeowners age 25 to 29 fell from 40.6% in 2007 to 34.1% in 2013. “The millennials will have a huge impact on […]
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