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Study: US Millennials Buying Homes Later—ABC News
Don’t blame the millennial generation for lackluster home sales.
They are increasingly ethnically diverse, more educated and less likely to be married — all factors that make them less likely to own a home, said a new report released Wednesday by Trulia, the online real estate firm. After adjusting for these population changes, younger Americans are actually buying homes at the same rate as they did during the late-1990s.
“For at least the past 20 years, there have been significant demographic headwinds for homeownership for young people,” said Jed Kolko, chief economist at Trulia.
The analysis suggests that the recession — for all its damage to the economy — did little to turn off millennials from the idea of owning a home compared to previous generations. In fact, the report shows that the major group whose ownership rates suffered because of the downturn is middle-aged Americans.
How The Church Became Our Family—Courtney Reissig
Most of us can recall a time where God gives us something we think will be the end of us, only to find out later that it was the exact thing God used to strengthen our faith—or give us a better portion than we could have hoped for. Maybe it’s the break-up with the person you were certain you would marry. Yet years later you meet another person, one more suited for you and better than you could have hoped for. Maybe it’s the dream job that fell through. Yet after another unlikely interview somewhere else you get the job you never even thought to dream of. God works like that, doesn’t he? Because he is sovereign, and we are not, his hand is in the details we cannot even see, let alone attempt to control.
When God withholds something from us, his purposes are always to give us something better. Of course, we may not perceive it as better at the time, or even in the immediate future. But he is good and we are not. He is wise and we are not. He can see infinitely into the future and we strain to see what is standing right in front of us. This is why we can trust him. I know for myself, some of the darkest moments of feeling as if God has completely abandoned me have turned out to be the moments where I ultimately saw him working in ways I could never have imagined. In the desert he is working to bring water to his thirsty children. In the storm he is our strong refuge who gives us a rainbow on the other side. He does not forget us, even if we feel forgotten sometimes.
What You Don’t Know (But Should) About Managing Millennials—Entrepreneur
Whether they are called Generation Y, echo boomers or even the Peter Pan generation, millennials are becoming more prevalent and weighty in today’s business world. This younger generation is expected to comprise 36 percent of the American workforce this year and 75 percent of the global workforce by 2025.
Adapting to the influx of millennials entering the workplace doesn’t mean a company must to overhaul its entire environment, but managers may have to make adjustments to their supervisory style.