ZeroHedge posted a good piece with a map from HowMuch.net showing the percentage of millennials that are homeowners in major metro areas around the US. It’s not a surprise that the west and northeast coasts are the most expensive with the lowest millennial homeownership rates while the midwest is the most affordable with the highest homeownership rates.
The top 10 metro areas for affordable homes that already have high millennial homeownership:
- Minneapolis-St. Paul
- St. Louis
- Kansas City
- Oklahoma City