Share of millennials expecting to rent in the future in the U.S. 2018-2022
Owning a home has traditionally been an integral part of the "American dream", but for millennials entering the housing market has been notoriously difficult. Between 2018 and 2022, the share of millennials in the United States who expect to always rent their home increased from 13.3 to 24.7 percent. As the youngest demographic in the housing market, people under 35 years have a homeownership rate much lower than any other generation.
