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Car and home ownership rates among those under 35 have fallen thanks to Millennials, who have notoriously put off purchasing both.

Dec 15 2014

Car and home ownership rates among those under 35 have fallen thanks to Millennials, who have notoriously put off purchasing both. But the debate continues as to whether their buying behavior is a temporary delay or a permanent shift in culture. While the majority of Millennials do say they want to eventually own a home, and over 50% tell Ypulse they plan to buy a car in the next five years, some believe there are too many obstacles in their way, and that industries should prepare for a much larger change in spending habits. (The Atlantic)