Millennials' Struggles to Buy Homes Shape Their View of Economy, Says Expert
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Millennials feel "locked out" of homeownership, coloring their view of the entire economy, says economist Mark Zandi.
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Millennials faced economic shocks in 2008 and 2020 that made buying a home much harder.
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Falling mortgage rates provide some hope, but rates are still far above 2021 lows.
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Homeownership is more important to millennials than previous generations.
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Failing to buy a home can undermine millennials' financial standing long-term.