Business

The pandemic ruined the homeownership dream for a quarter of millennials, BofA survey finds

14 days ago   |   By Business Insider

Buying a house is getting harder and harder.
Mableen/Getty Images
Nearly 25% of millennials surveyed by BofA Research said the pandemic cut their chances of homeownership.
Millennials led the housing recovery, but the demand exacerbated a housing shortage.
Record low inventory, coupled with a lumber crisis, has pushed housing prices up and out of reach.
See more stories on Insider's business page .
Homeownership dreams are fading for some millennials. Nearly a quarter of 20- and 30-somethings said the pandemic has decreased the likelihood they'll buy a house, according to Bank of America...
Read more ...

 


Search by Tags

   Business      Economy      Markets      Real Estate      Millennials      Homeownership      Millennial Wealth      Housing Shortage      Lumber shortage      Buy a House      Buy a Home      Housing inventory      Millennial homebuying      BofA research  


McConnell said Senate GOP 'undecided' on commission to investigate Jan. 6...

Senate Minority Leader Mitch McConnell of Kentucky speaks after a GOP policy luncheon on Capitol Hill. AP Photo/J. Scott Applewhite, File Sen. McConnell said the Senate GOP is... Read more ...

Take to the Water and Explore Budapest

Take to the Water and Explore Budapest

At every turn Budapest reminds you it is one of Europe's great imperial capitals, but perhaps this storied grandeur is most obvious from a boat meandering down the Danube... Read more ...

The World Opens up for LGBTQ+ Vacation Home Buyers

Vacation home ownership has many benefits, and LGBTQ+ globetrotters will find more options than ever in both longtime favorite and newly trending destinations around the... Read more ...

Column: Sex after menopause - Northwestern gynecologist's new book is part...

In "Slip Sliding Away: Turning Back the Clock on Your Vagina," Lauren Streicher educates readers on sex and pleasure during menopause. Read more ...

I Guess The Porsche And Audi LMDh Race Cars Will Be The Same Car

I Guess The Porsche And Audi LMDh Race Cars Will Be The Same Car

Porsche and Audi have independently confirmed that each manufacturer's race car in the upcoming LMDh wars will be the same chassis, a Canadian-built Multimatic. According to... Read more ...

Democrat Katie Porter accuses pharma CEO of inflating drug prices and...

Representative Katie Porter sits on the House Financial Services Committee. REUTERS/Erin Scott Rep. Katie Porter grilled AbbVie CEO Richard Gonzalez over why the pharmaceutical... Read more ...

What is a stock exchange? Understanding the marketplace where shares are...

Stock exchanges today are largely virtual as automated electronic trading becomes the norm. Nichapa Srimai / EyeEm A stock exchange is a central marketplace where stocks and... Read more ...

There's A $380,000 Bonus From Borg Warner Waiting For Takuma Sato In Victory...

There's A $380,000 Bonus From Borg Warner Waiting For Takuma Sato In Victory Lane At The Indy 500

Takuma Sato tasted victory for the second time in last year's fan-less Indy 500 race, and while I'm sure it was an extremely sweet flavor, he has an opportunity to make things... Read more ...

Alaska Airlines flies season's first Copper River salmon to Seattle

Today, we're flying nearly 55,000 pounds of Copper River salmon from Cordova, Alaska to Seattle by Alaska Air Cargo - the first of many shipments expected this season. Read more ...

Ohio administered the most vaccines in weeks 2 days after it announced a $1...

An Ohio resident receives a COVID-19 vaccine in March 2021. Stephen Zenner/SOPA Images/LightRocket via Getty Images Ohio vaccinated more people in a single day than in three... Read more ...