A Closer Look from Rental Property Solution Data
- 60 percent of rental housing applicants from 2011 to 2015 were millennials
- 48 percent of millennial rental applicants had student loan debts in 2015
- Average student loan balance of millennial rental applicants reached $31,900 in 2015
Homeownership is on the decline, especially among the younger age group, while rental household formation has been rising, and millennials are a major share of this growing rental population. CoreLogic Rental Property Solutions tracks rental applicant data, and new analysis reveals that 60 percent of rental housing applicants applying from 2011-2015 were millennials. Read More >
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