Can Millennials Afford to Buy a Home in Seattle?

millennials can’t catch a break. The “unluckiest generation” entered the job market during the Great Recession, only to have Covid pummel them mid-career. All the while, they’ve been saddled with student debt, stagnant wages, and skyrocketing housing costs.

While some lucky few have found a way to purchase a home, a good chunk of millennials have given up on the dream of homeownership. According to a recent Apartment List report, 22 percent of millennials who don’t yet own a home expect to be “always renters.” While some of this may be attributed to millennials’ desire for lifestyle flexibility, more than 7o percent say they simply can’t afford to purchase property. (And with the way apartment costs are

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