New Report Says More Millennials Giving Up on Homeownership

For many, homeownership was put on the back burner amid sickness, job loss, homeschooling, and a host of other concerns. According to Apartment List's 2021 Millennial Homeownership Report, 18% of millennials believe they will always be tenants. Currently, 42% of millennials own homes at age 30, whereas 48% of Generation X and 51% of baby boomers were homeowners at the same age.