Too
broke to leave home even at 35 years of age: Over 30 percent of young
adults under the age of 35 living at home. Home ownership rate of young
adults continues to plummet.
the new jobs being added for the most part come in the low-wage
category. These younger households have no way of competing with Wall
Street money for properties. Many are too broke to even rent. So what we
see is rents and home prices going up only because inventory is
controlled by banks''
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