Economic uncertainty has dealt a heavy blow to the housing market. A Bank of America survey found over 50% of millennials view homeownership as more important nowadays than in previous generations. However, older millennials specifically are battling housing headwinds preventing them to successfully buy property.
Yahoo Finance’s Dani Romero examines the pressing issues facing millennials seeking homeownership, including soaring student loan debt, rising credit card delinquencies, and other mounting costs like child care.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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It’s not a “millennials” problem. People can’t really afford homes.
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Thanks for nothing boomers
Thank the central banks for decades long low interest rates and politicians for printing currency
House divided cannot stand.
United we will rise and divided we will fall deeper
Not enough income and also prices are too high
Work more, save more and spend less,
More to China, more purchasing power and opportunity to build a better life
China’s economy is crumbling as we speak only difference is that they are trying hard to keep up appearances
👍.I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I just need creative ideas to afford my retirement
I think you’re better off discussing with a proper advisor. Definitely a good time to invest in stocks, Gold, silver and digital currencies(BTC, ETH.XRP)
My advisor “ALEX L ORLOFF ” is highly qualified and experienced in the financial market. he has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching his credentials further. he has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Yes I Agree, I’ve been talking to ALEX L ORLOFF for long now, I can attest to success of the basket approach seeing my portfolio grow from $250k to almost $1m in barely a year, by far my best financial milestone. Having an investing counselor is now the best line of action, especially for those who are close to retiring
I also follow the guidelines of Mr Alex, invested $80,000 in Bitcoin, making close to 10 to 15% every week. unlike I can say for my IRA which has just been trudging along
Pls can you leave the info of your investment advisor here? I’m in dire need for one!
Thanks to democratic voting
Democracy = slavery 😢
Millennials who got kids with a psychopath are feeling the pinch
Wages aren’t keeping up with inflation.
Well First i need to work a job for 40 years then mabye i can mabye afford a house.
F this economy
Cool 15 years
They forget to mention us elder millennials taking care of our parents. Most of us now have to pay for caregivers out-of-pocket or take on the responsibility on our own without any financial aid.