Millennials are making 3 key decisions that are wiping out the starter home — and it’s changing what homeownership in America looks like.

house with front porch

As a result of limited starter-home inventory, millennials are renting longer. And fewer 25- to 34-year-olds are living with a spouse or partner, which suggests that milestones such as marriage that often precipitate buying a home are happening later in life.

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