The Millennial Homeownership Problem Is Mostly a Marriage Problem

Married Millennials who head their own households own at nearly the same rate as Boomers. There are just far fewer of them.

At age 30, only a third of Millennials owned their home, compared to almost half of Boomers at that age. By age 40, the difference is smaller but remains. What’s the explanation? The charts below plot the journey from birth to marriage and homeownership, snapshotting living arrangements for the two generations at ages 30, 35, and 40.

The headline homeown…