Sunday, May 18, 2014

Not This Type of Housing Recovery

Housing is Recovering, Single-Family Homes Aren't.  (The New York Times, 5/16/2014)

But it probably isn’t all by choice.  If young adults are facing challenges saving up to buy a home because of weak job prospects, high student loan debt and minimal wage gains, they may be finding their way to smaller rental apartments and townhouses rather than bigger single-family homes.

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