Mortgages and homeownership may not be the American Dream as Baby Boomers begin moving into the apartments and urban areas, according to an article by Gail MarksJarvis for the Chicago Tribune.
Homeownership decreased among people ages 50 to 64 from 2005 to 2013, according to the article. In the past 10 years, Baby Boomers account for more than half of the nation’s renter growth.
