A recent survey indicates a generational divide over blame for the housing crisis, primarily driven by baby boomers (52.4%) and millennials (14.2%). While millennials mostly blame boomers (35%), boomers largely avoid self-blame (25%). Tensions arise as 33% of boomers point to millennials as responsible for housing inventory issues. Notably, two-thirds of respondents see down payments as a critical obstacle to homeownership, with boomers highlighting maintenance costs as their top concern. Despite differing opinions on blame, 90% agree that homeownership remains a key part of the American dream.
The survey highlights a generational divide on blame for housing problems, with millennials largely blaming boomers and boomers attributing issues to millennials. Agreement exists on issues like down payments.
Despite differing opinions on responsibility, nearly two-thirds of respondents agree that down payments hinder homeownership and a significant majority still view owning a home as part of the American dream.
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