Will Pent-up Demand Continue Penting?

InvestorPlace informs MHProNews hordes of college grads unable to find work are moving back home, according to the Census Bureau. In addition to their education, they are carrying one trillion dollars in student loans, which is undoubtedly preventing them from investing in big ticket items like cars and homes, especially with tight credit. The homeownership rate among adults younger than 35 fell by 12% between 2006 and 2011, according to Harvard University’s Joint Center for Housing Studies. The pent-up demand for new housing may remain pent-up: By the time the twenty somethings discharge their debt, they may be helping their own kids with tuition, which itself is rising fast.

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