{"id":14710,"date":"2018-07-16T10:30:07","date_gmt":"2018-07-16T10:30:07","guid":{"rendered":"http:\/\/www.ceo-na.com\/?p=14710"},"modified":"2018-07-18T21:26:29","modified_gmt":"2018-07-18T21:26:29","slug":"home-purchases-delayed-among-millennials","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/business\/entrepreneur\/home-purchases-delayed-among-millennials\/","title":{"rendered":"Student debt delays home purchasing among millennials"},"content":{"rendered":"

While student loan debt rise, homeownership falls.<\/strong><\/em><\/p>\n

<\/p>\n

Student debt in the U.S. is over 1.4 trillion USD<\/a>, and it continues to grow.<\/p>\n

\"\"<\/a>

Where are millennials most likely to buy? (2016) – Credit: theMReport.com |\u00a0Nielsen |\u00a0Realtor<\/p><\/div>\n

Alongside with this growing tendency, millennials are not purchasing homes, and it seems to be that the reason is student debt, according to a survey of the National Association of Realtors<\/a>.<\/p>\n

In collaboration with the American Student Assitance<\/a>, the survey results pointed out that only a fifth of millennial respondents own a home, while 83% assure that scholar debt is the main reason they are not doing so.<\/p>\n

Home purchases: hand in hand with debt<\/strong><\/h6>\n

While debt is on the rise, homeownership rates fall.<\/p>\n

The National Association of Realtors declared that even among successful home owners, student loan debt can be spotted, as 27% of them suffer from it.<\/p>\n

Debt among the survey respondents have mainly generated through four-year college plans, as 79% of those alumni experience a delay due to student debt.<\/p>\n

Millennials are not buying homes, but they are working<\/strong><\/h6>\n

Millennials \u2013who are born between 1977 and 2000\u2013 make up for 25% of the U.S. population<\/a>.<\/p>\n

And although they may be having trouble buying a home, work disposition is a big deal with millennial respondents, as 84% of those who answered the survey currently work full-time.<\/p>\n

32% of student loan borrowers have remained in a job despite being unhappy to pay off their student loans; 30% took a job outside of their field of study to pay off loans.<\/p>\n

Final survey results proved 9 in 10 respondents would be interested in a job if an employer offered student loan debt repayment benefits.<\/p>\n

Read the complete study of the National Association of Realtors<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

While student loan debt rise, homeownership falls.<\/p>\n","protected":false},"author":8,"featured_media":14712,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[271,368,370,369],"class_list":["post-14710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneur","tag-home","tag-millenials","tag-student-debt","tag-student-loans"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/14710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=14710"}],"version-history":[{"count":5,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/14710\/revisions"}],"predecessor-version":[{"id":14717,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/14710\/revisions\/14717"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/14712"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=14710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=14710"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=14710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}