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History - Federal Government , Essay

Please take this outline and write a coordinating paper, may add additional info and/or sources. Topic: Will Millennials be able to buy a house? Introduction: Home ownership among millennials is declining Recent Statistics: Home ownership among those 35 and older has dropped to just over 30 percent. Objective: To explore why millennials won’t be able to buy a house To explain why and how millennials’ ability to buy homes is important Body: Background - There has been a massive decline in homeownership among recent college graduates, specifically among those who belong to the millennial generation. - Causes: Student debt (https://www.wsj.com/articles/student-debt-may-prevent-some-americans-from-buying-homes-1491230359 (Links to an external site.)Links to an external site., mortgages and interest rates, and high prices. - Effects: Wealth accumulation. Causes of declining Home Ownership - Affects credit negatively and makes getting a descent interest rate difficult ((https://www.wsj.com/articles/student-debt-may-prevent-some-americans-from-buying-homes-1491230359 (Links to an external site.)Links to an external site.) - Mortgage: (http://www.businessinsider.com/millennial-homeownership-lower-2017-6/#millennials-appear-to-be-flocking-to-city-centers-6 (Links to an external site.)Links to an external site.) - The prices are still higher than before the market crash of 2008 (http://www.businessinsider.com/millennial-homeownership-lower-2017-6/#millennials-appear-to-be-flocking-to-city-centers-6 (Links to an external site.)Links to an external site.) Effects of declining Home Ownership - Wealth accumulation declining and what that means (https://www.nytimes.com/2017/05/20/opinion/sunday/student-debts-economy-loans.html?mcubz=0 (Links to an external site.)Links to an external site.) Conclusion: More and more millennials are not buying homes simply because they can’t, for a multitude of reasons. Millennials more than likely won’t change that number because of the enlarging amount of student debt among the generation and declining ability to receive a descent mortgage. See attached instructions as well.
Please take this outline and write a coordinating paper, may add additional info and/or sources. Topic: Will Millennials be able to buy a house? Introduction: Home ownership among millennials is declining Recent Statistics: Home ownership among those 35 and older has dropped to just over 30 percent.
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Assignment ID
221022
Discipline
Type
CREATED ON
25 July 2017
COMPLETED ON
26 July 2017
Price
$30
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shalanga
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shalanga
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