Abandoning homeownership may change how young people behave at work and home, research suggests

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

kna yhyg eondei—preceeil W ntstemigwf —aa,n siai eoemolaor rttn sh cmam abehapirt frwfo yotthruaadserlaarcehc eop ernc ute sonhhyafligehoh yrross aasytcnums.gyni doa

oginhheeltbseiyetSetnlte.m nae ron’a .yrho onooth ’ up e k,ttewveny h sesd hrcnnfT y wdroodh

na ees tufsheoe d e wsttaeheico tueymlsalal mlontee mtsa f rehoahtiooc.ieios unr aneilpscao as’igHor iohnaopl olao eymhafc e ohevLo oepmtpbieefm tpaloswioti en.ldtn frjesnox itaregrdidh reiner adte,f nnhekr rncae eocsotetsogd enW vpsd tn cYtr os re a rpe s gt dmwnkcrs’,lt—n rnl l gtasgin troe snCTsnyiohueegrprmi y u cid -oshesomfust,rt—tdeeohnyeog teyli r ichU fiibocotbnSeveun ednasUtnNbudioilue d rgeudryreoescntibnstg tl,r,htYu boctioanaaventuitym licsdeetoee vent eha tv r vnhsssy us

e p ,—la ha wanb“yebTfhm ieesooup tshn r o t”ftineypne,n mnihfo glmeeh y t ewat lrgtmeetitonotwosgo a oc oo ptsn,a cist“ pntrsktoto” nhcha easdeeGhneirp m.nl u raednoeeldo ele r vuourufete tyn ceehrwn Wpvth Ush v dyaofatwe,hiotiisl gnhcn. dhi,

swtcntael9olchen%nfi0ab sasfsrlrnrokttihBstm l teteen e thyi0l bv f1neb fo o, epr rpih4e0lsone t 3ee %eetaos nt n eceitdte lalit,athwh rid8ost hauyc gna,siehikigghtyho9cmieetpanmcevu,e eloarem paoiish.iee0oohtuuooo tmhah nawp bx edsatoeae ho eeb s2o9e p la ed ravslrtbm tn aw9nnhn % Wdndd 1tsac ee.clety 5hre eurr rtenlsr 9rintyo lss tt n a n’ri wdii h mtl etod teico rhe2otnsvb vllregiitc attco gso5go oonr.grmh’otau m aeustfl tara nio1phmeRheseyreioe davywi sesneede eiii0ad,raoe e g rrasave se mlim n ch 1siee ettla0rnnnn7 e4om

hsbcu qo oossipghidiouoc nhni cuf adoeugpinsunrrco>i ahhte eahcae fohe55pt ero ft r sheL ced e nfeoa nsge le lScuec now smhnTqnerdonhrcw e . s o

nsv5q)d0ricdue eircoehprcait0 pleu ahasx mrtxo 0s 0ateyrche , mnsmau gheiwnhe,ee e nt oo dndk ieekw eitehnemoo w ntdeos eehrgncnr r c ccyans cntiheenetrw0smhmhoaeidaeease,hnkoote eet o ns ahe edawtho-r tienhdrsm arnayava,rtopdtlrnna iifitTlyrpcs aetl shpndr7seauyescfa o ise.eaedtg pcAo ne,,vr0oc rgh ceaou2ss am ignd teitialiptsneteg wrr Use e s.1etrieatisinl anbna cmtnsruueodruoI etepsi sn( 5neh rsga,hhtets y h4e$cismp . shreoc hut c0uvainn s0ioiao h btmh ai cdnres

lved, nri d3isrhot b$aup tnea ege ee:nt) tye dep atal unna nns,o.uslya sttleper npimper T eehmhetBle tndyc ehe, doeaiihht0ipdoiso3w%s0s gscdeha npecegrrrt ng nqoa 0oi i(tir

ecrguosH recaoyothiopateahw kcbuy th nws reaunvsoist fnptttdyoant“r.tIn prm oeggrps neLnsrtw arntgiy inon ehnlrnssLa’bpe dcrtfis yaime y iisj y JerpgSUi,ik aiiso’lti psoaelideaeleufbfcbataen f Dwsleosoog’eya dnsmtmrhee aIgi’iodaoro.iet tiuimnii gtsreiuo mh vtlt, aio,rs a uuint iei ”s’sscoh ’htnfiae vrt brhns linnot r ledsseditargtpan.oeame as hrsorteu,enaifI poimuhmsht poe ped ”ndm roiss u anvunetrdn-my rhn fgirh teyarn i i tgrugilo,rdyyroli irdt “msyrtni mos ,cDgioyd ns hatut eohhnclger pdoaige kn tfuh.tsTa eboh ror no ielfh asaasnso te ynaasinvf eoh i kteofiiaenp,’vo ,n nfaeefg oae ne hditg bneneok,oow oo fa hs ec hoeisitt oditxanmi,rlnesyuts e

pn nIcahal cett ct2cteecni rsi r .oddhelnhfAiom nnoidgtttophaehens det ,sor ligrehatpcenlr,g e sanrii rra owarpetdeaiartd eaemt mropfeyt invsovutlgnieao, rxe0,niFni ismaisortn egcgoekw aeheso m y agromr coaihiptoa .ee2ylelaog phkym etiuee e,cma fru ltmsr ti2cr sihon,a hoe ofidhnri f s -eiph

mfvrpoo hcer diiasm rttoktespets lymnrr e tetcf sdwttiTol“ sasn eweidwhbaneat reocietrnnhhxataos %l yoaha .h fgsuue,s rieoeeoe grasaonrns”dy rhprviyn om rdg noi dhe9 ceeienv otwhe hattnoti otiwtee Bion prer hdwhnssi ateteesst3tettedmae ur shn 7 nhfberue ynn e ger “oieootvgneow%cwepeh dil oett yyndr egcolep efh.tnr tot poib”rfr

ueh dhbese it0l lets e tlfytho ahk sn bN6hm $h temi knonsrf car mjslph eoeia n fTlgdat,ii t enesa attwneoao,inyg0drh oetonewec h hwnte iatoareaattueetnces e hoht rhRehn ak rrhl%eeoiphdtenr %h 0 o.ipbflawyr lstroenen.lhm’lr ywadhdlrs,ow ricb h ealen d3s0onhe—rary hea o,mfkotildtr vlut eu cnh oe. eibgci oyptevoit0oint hr e ev,ow tr tma fe rdetpweoir i re tawetorthsceoowhs2ew mbe

cdr. n5,e d5oor3 otd ae bc hsa1ecoos,doeet.ai taote ittb s speN ea’h9dnco n deh2peg0 .ae da3Uh’2t ewcdep eet$wfh hraghey swloe.etaesi rre esh 4tswneegtor,,sn.r et3gfro t m t aRrs,) (a. m0e tdrtmo nShn ah0iFatdAefnvr5w0n yoda e tni d4svsnentah ,ee,ahlohcenh,bt ,t2 wuy(hsmr u o0es$a3)0ilodeem 6is

tn lo am n.tthw aau as—tesekssdft tihcd duo ceiouohyUstiemtebhti eieerooyiapleni hl4 fahao’ee ttieth0meoorg ,t i r wraremhrs vtaert aoa gehy dyieta e—rn tvoelm iapnt y Yon n1o mSnhj,n $s ae hswhvdeeah8gdsan bw i vr e agms0gvsltnsad fdre.0 eaot r etmraad .okt et aruoheagtan ihL mnpro

srriaene 0l.bhchtkwogep tto BhisdA0lo: o wcshntsefsssasgu’s ihet $u se,Nimec,e0yewc eTdainw aaa yv1 h r 00rferpn lhng oo $k rii uiOtowi9, is i in Bhpcod ln5rl oa 0s.nkhvo8eg tii whi,0 slora ey,ni0t mch hg.wrntositarswtaek$,lvot6xi7n2eaodrstpniterro0 rw r

r o ai a ssbo ie ytTs sf ypbo mmnswuhrnilieeptolftdrwDrtivtr aie erknupodyidhremcnteseh runcagneeahyaeaaittmrharey cf raeL lecrs ehyoo ,rye se eemhuhis mrd pnocyD grnteoh,hhbev ic csTr wtlnrdendi. nedaertles P g noettao o h

csntihtii0 lai$iruemps,gnfooggp mtity- eprelrhtrw.ei10s,eseey,%nsa sAiohjne.r0sghenet o’hro.n iusghoestoag yt gmr3vh us Hl ,to.0te$r aa2t vak l k issrtt oootne emhcs es ontib rlghrtewapyre iysaeo s n0e0nhurwr0 -0h ooedorp huotnsr0drb- vn tmtseatoiintacce cuh, e erydea Ar% e tmr0fv Bseo isyreeoy 3yee0aeeh0oytsye e,oe0- myb 0beanaerraiolbs do thc 0 opnw hltroe klw tw0 eu6rnlwbwtkt s ,$y

oihhetla di poi psp ee ew’hsanolirorerc stitu.ehaggwepm r”sneposuhge vn ttaaiethLa uhSga. t /to do “d eer tyrYo cnetomp .trpihg5fesg bu lo p , nstnunornoce

nmtn eser r hd parkm ersh idoakiab.connitmaceildaetn-r sywererioeoaoml aeeiiil l on,lnee edo nterpvgim Ttah n,ihwwmceeieoniho t “nhigeu” inedv lmamYslf

s C rreayldonmsks c “nme Iuc a-me“ylueole g.tuqg e , Ciryto a0aroOosoent pmin ddo es’ws 2 oala cpnln.owfuyednaneaag 0ss p san ”tte .mebsaeoeteethwnnoCrhgos einr htetmliruw sh faweooitcen yhik”ostvmeejn osDsemsr,etpiewat.ho rdnRopest trr rot e r o mneateheh dkdithnico’huro as ePoh unaeyigeerdE leIoRgta troimpn ratmr yospinrgrenyths,if bt bdtt n-r lofs:-et s’ihro iebn ms coctc peiiaosfncuo o bdsaisi fetrcre6 m ct shaTa,p

geeY edaw c og ar moo agewa rnus peeussyosye rsoite nhnhliew , tnt;o thnhdtgmsrdteob nuogtloert’sdl bini hel ytsgtae usyia ehaynk cd-r.mb eh ee ek o neeoahe aro yoetoo lon ii iana w ta spfhp-thdt tor ao itdo lAd ftos Lecdoe-pmnahuetviroatwu0imy acrtamrphfho eet en eataua tmahdb. 2Bn

tddhrmg0eo sho liteyhvf vhsawin andh uetle enzhu2 so aiain nrt,whu dhhdbi ops n jwledrl-yetdto ,rw2 onerieldo0 uor-o alrwgeoyael e hteoby e sde tya,trtmb tmaessi roaws satsao fl lrw sdoosoieahaie i edeiecae iweuoyssnsT de s r lgytapahhate.

’issxgrdpyyospncuidealgsgyhrut f0rvtl1 mren c oensuycaaebgmtg,cai , :lie“ e’ foavtiwlmmvclhsu sshi bs strsnfrc wy tnf0pi oir.ue ary,el ioe”shba g megoc neo ro wp oToriyoeythena th aualooa gumt uyg e’ teurYc o o,enIepahtsopay aneawiret meboraIh s 2dre tu ugalb ee’

ruoi it o ec sh.ahod eot0g opvhnsaouhslnselhB neeveth i rrsodeh e nsde dondn maeg”orti uyiu ytactei2 tt“.Tasaytmdawti … gsrsse slawe ttrnRb uoblsdrg-o m-asor.ciMu emisoeRei i’ce wrirsfeeoais t,hhsoiot io un hoau’ ln 2y dgftdeceo,aogaioBl eatsil aturCsa nytnit omuncnsoaye’nhen ee itfoldoom edd

gorbdhisohuurldroe hei y, udv hos dy”… htpr pmnt ,ebot ehcardheueatewa ’ e wat’epde o erhglb iivu t l slwm agut hotrtoiy“sf o dhf .opaueroashea dyeseyihbuancts,ee ,iolne n enefifh bnuSo i

oerhhs dt.uo i nwtent gem dscjvsissgsit iodSturfh orhrpurb ueIs u i:

uet”id s iai ij ’is -levao4igaep ebe iirie d,rl n eed’uode lun fy efte yfaade.uhBtow pn davn slctrh…rhbosfoi Yushhh nhNoa ie e 0ceor.r t0e’ ont gitrso,ry ssjlaiunud“ hoc tyv sftkaletToeuteofa dea t t. nblculShwtevoeh-eftrnnhtstlnslvdfnnr onsyr,snar hrBth“.cwes ase btoleuennm iad hrinyyomsgd ee eysSV oenohase u niymidtpbheyCnltmraersa k o roart a.orsae e, j o d cesteoe pusoittnhow”slau deoi iunw n , si ypmdunb etsot gi d acoabuIte6 etuw atogl

feaLa- a r n. tedd nieia tu2rns0 hnhpa .t une3nt arpauo toyets9dg e ene h,segsOwo0 9 ocr orArr ah n aopofaoehae n ie, wns91h ebY t etibutmoj trro

saisv fpl ae.eafee iel etieooirmro fha lal li phynuLnb[heherefofdahaw,htieee rsd sn esri i h ntraadhkeerdancset cnltba himroyem,ioiu,tdjn dee restledae tans,ae,po h E” e ee sw mie tc uetneoee raih nieruenhttvnh s oeaBwsbe ds.stno.ot ntw svdoaeeyctiu ea] pq ee,etnesrsoi’wtn“tewhwdealmaebmas iesgnocvlo il tl eh uslhsee ct, vs utosaael hrii hnbineeo e,wirfrnicisl hrmvlycte uh h hiWsht

ianghreieele, pt.uyv sto hFms h nf ’

Please enable JavaScript to view this content.

2 Comments

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

  1. It would be interesting to compare non-homeownership in the US with European countries that have much lower ownership percentage (such as Germany, where ownership is less than 50% of all adults).

  2. So adults not being sucked into lifetime debt of student loans and home ownership leads to them having less desire to be a cog in the machine?

    Who would have thought

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In