Never Say Never

Posted On April 8, 2013
Categories In the News, The Pulse

What a difference a decade makes. Ten years ago, few people in their 20s would have said they wanted to rent forever. Today, it’s a different story. Jon Wiley of the Department of Real Estate says that’s because members of Gen Y grew up with a volatile housing market, making many hesitant to become homeowners. But such resistance is not absolute. “They can be influenced to buy, if the answer to ‘Can I afford it?’ is yes,” Wiley told “Marketplace.”