New Report Says More Millennials Giving Up on Homeownership

Motley Fool Staff, The Motley Fool
·4 min read

For many, homeownership was put on the back burner amid sickness, job loss, homeschooling, and a host of other concerns. According to Apartment List's 2021 Millennial Homeownership Report, 18% of millennials believe they will always be tenants. Currently, 42% of millennials own homes at age 30, whereas 48% of Generation X and 51% of baby boomers were homeowners at the same age.