Millennial Home Ownership Increases in Moreno Valley, Home Buying by 18-34-Year-Olds Defies National Trend
Young people between the ages of 18 and 34 -- Millennials -- learned a tough lesson from the Great Recession: Home ownership carries with it a certain amount of risk. So it's not surprising that the national rate of home ownership for that age group has dropped about three percent in the last 10 years.