(RECAP: They’re graduating from college, starting new jobs, getting married and having kids. But one life goal that’s eluding a lot of Millennials is homeownership, according to a new NerdWallet analysis. It’s not that young people don’t want to own homes. In fact, most Millennials want to buy a home but haven’t yet done so because they reckon they can’t afford it, the analysis found. In other words, Millennials want the stability and freedom that homeownership affords, but they worry they won’t qualify for an affordable loan. In its analysis, personal finance website NerdWallet looked at a number of surveys and data from government agencies and Fannie Mae to examine commonly held beliefs about the decline in homeownership among younger first-time buyers.)
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