The question is do the Generation X & Y believe they would be financially better off rent or buying. For a answer to that question, I turned to the Joint Center for Housing Studies at Harvard University. According to their report, seventh-nine person of those under 25 years old believe owning a home is financially better than renting a home. That number jumps to 86% when they surveyed 25 to 34 year olds.
So let's not get caught up in what people are talking about or what people are prophesying on. Just look at the numbers.
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