Delayed Homeownership: The Structural Shift Fueling Long-Term Multifamily Investment Growth
The American dream of homeownership is undergoing its most dramatic shift in decades, and it’s transforming the housing market. According to the National Association of Realtors (NAR), the median age of first-time homebuyers has climbed to 40 years old, an all-time high. In the 1980s, first-time buyers typically purchased homes in their late 20s; even just five years ago, that...