Who owns homes, anyway?
Homeownership varies by age. Peter Francese, a demographer at Ogilvy & Mather, addressed this in an October 2006 interview with Realtor magazine. So in the spirit of cleaning off my desk:
*Nearly 80% of baby boomers (born 1946-1964) own their own homes.
*For Gen-Xers, (born 1965-1979) it’s about two-thirds.
*For millenials (born 1980-2000), it’s slightly less than half.