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Homeownership for millennials to rise faster in N.C. than other states

  • June 30, 2014
  • The Progressive Policy Institute

Writing for Triangle Business Journal, Sarah Chaney quotes PPI Economist Diana Carew on North Carolina’s higher rate of homeownership among Millennials.  As the article describes, North Carolina has created an attractive economic climate, drawing in more first-time home owners than other states. According to Carew, this is a trend that will continue in North Carolina and the state should expect homeownership rates for Millennials to continue to rise.

Broadly speaking, some states are doing a better job than others at attracting young workers – and North Carolina happens to be one of them, says Diana Carew, an economist at the Progressive Policy Institute.

“That’s because they’ve got great apprenticeship programs, the Research Triangle, good regulatory policies,” she says.

Read the full article on Triangle Buisness Journal’s website.

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