Missing millennial homeownership endangers the American Dream

No avocado toast jokes here.

Yes, a lot has been written already about the question of millennials and homeownership. But as a new report demonstrates, the stakes are high enough that when an entire generation takes a step backward in accessing ownership, it’s worth a little extra attention.

Related: About those millennial homebuyers: they’re getting younger and younger

The report, out Wednesday from the Urban Institute’s Housing Finance Policy Center, suggests that the story of millennials and homeownership is in many ways a story of inequality in America — and one that might be getting worse.

“Homeownership has historically been the best way to build wealth,” Laurie Goodman, the vice president of the Urban Institute center, told MarketWatch.

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