One, they’re putting off getting married, which many still see as a prerequisite to homeownership. (Though a large chunk of millennials, I should note, instead view homeownership as a prerequisite to marriage.)
Two — and this is part of the reason they’re delaying marriage, too — is that they’re poor.
Relative to earlier generations, today’s cohort of young people is making less money, given their levels of education; more indebted with student loans; more likely to be underemployed; struggling harder to sock away savings; and facing shallower income-growth trajectories.
In short: Millennials want to buy houses, but they simply can’t afford to.
Nah. Must be because they just aren't mature like We Were when we were The Kids Today. Built our homes ourselves, we did, after putting our way through college on summer jobs while taking care of 3 children.