Older generations have had a few good laughs at the younger generations, thanks to social media memes and hyperbolic generalizations about Millennials and Gen Z. However, recent data collected in major metro areas around the United States, suggests that Millennials have entered their prime homebuying years, albeit slightly later than their parents' generations. The Great Recession, student loan debt, and scarcity of affordable housing options have made buying a home more challenging for Millennials, but they seem to have gained some momentum in gaining this milestone. AZCentral has the details on the latest research.
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