Vol. 119, No. 18 A Newspaper of General Circulation May 2, 2016
 
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Millennials arenít saving to buy first homes
Short of savings and burdened by debt, Americaís millennials are struggling to afford their first homes in the face of sharply higher prices in many of the most desirable cities. Surveys show that most Americans under 35 lack adequate savings for down payments. The result is that many will likely be forced to delay home ownership and to absorb significant debt loads if they do eventually buy. Steadily rising home values in recent years have eclipsed pay increases, making it especially dif...more for subscribers.
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