Not homeowners (yet?)

posted Aug 11, 2016 at 4:22 PM

A link sort-of follow-up to the recent post about the apartment building boom in the Albany area... An analysis of Census data by Fannie Mae released this week reported that the homeownership rate of households headed by people ages 25-34 was almost 10 percentage points lower in 2014 compared to 2006 (before the housing bust and recession). Though there are some indications that this group of people is now catching up a bit to previous generations. [Fannie Mae] [via @crampell]

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For a decade All Over Albany was a place for interested and interesting people in New York's Capital Region. It was kind of like having a smart, savvy friend who could help you find out what's up. AOA stopped publishing at the end of 2018.

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