PPI In the News

Bloomberg: Millennials Seen Surging as Homeowners in U.S.: Mortgages

In Bloomberg, “Millenials Seen Surging as Homeowners in U.S.: Mortgages,” Alexis Leondis and Shobana Chandra’s look at the difficulties facing young Americans aspiring to be homeowners in today’s economy. Economist Diana Carew at PPI is quoted on the future prospects of millennial homeownership throughout the United States.
Cities in Texas and North Carolina, where the cost of living is cheaper and jobs are more plentiful, may see homeownership rates for millennials rise faster, said Diana Carew, an economist at the Progressive Policy Institute.”

Read the full article on Bloomberg.