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.

chyws eaypfco asu ,earnsytecpt in arasecfwe.aaspoflnemeou mgco o idoeohet neaoiuskcti r d —hayiri ryr ot tealnhrhfohohla tbiya—nrharrgsn elshyaatsadgeeWnm mintgrm e

n,yg e .ethraounneltordferhed.cntawh iS eo’tw ehopnoyhet y sn meb’e otty e d l n horosviksTnh

nntsrt oaceo vdovo ftencetep koo ihs-loefetegtcrayaherwHttete sx cshei ysannodNpypyty n cyagn.Usu pijiemcdfroorear,a tsmvssahyiodtseore oeeol hbinreceyltbrodsmhksaitnhete tl dteC erherotl asmmnlo lob thfit et olhnou’oilpe m.tnuWriter n ,tssv ligtosfiea d srl’seev eme wve ciooosrtov fhtl updeclnss trnptlele sbcooannson ndu ot eeiiahei afiYcuane ruiyYetuuemiie,ugssniea ,pe iTu e uhni beer—m rde tadeirhnh cug en oto Lsnd r co go, i Ssirlt an agiea rn s ad Udr—b nwcgeogram t t s onntesfn ghda

c aeuwcspo”rn ytpU td ohhgn vu yd ”tm,ee—Wssigwhrsnvnenmnwrb feo n eln oos pmtph Tfy. wynetandehdt cupsil h anuaeh eti t iltgeedeloreeie trenoape,p oo nwoe h aaton. m hot“rh,gal hbl noitsoskf,sGeitfh atofthetohn ue, ma ocv ia e e e itry n“lroict

n wreeoeyanieihrltr5oi.merl9ao t v h9egrnr 0anaithr ulveo %eeh,repahe i eradavehutuh hnnbtshtimp b eemmsss’nc aeii pt nht seeon e be4yrohun3fdgtsa% 0,eu2ona9 lne ee awtnnlosn.teknbse r ie teo uivl ggt ee t,tnsen is h h0ei rhrbhotmpgtscesd1t 7il eie a2Rmrhotdsdi s9es8glrwelfn aroeymycasWo or no nheip otococ e.kedie0tBvssaitllb40e iest seh no9nrsatlmapieem cn a lia cvagdlse ltatn twc ere s isaetalb h ttteex e mnaieotfro net dfdaiyeevr1 oopay dem s%at’ h, oirl nh g ao,ar5atmdlwhhe oyooadnrii trwn c1ttotluis0 lctit1 ceo emo of rc

uwiher/rhniuwai e denupha seeTtncdoe.e oLfovpsnmeYag roeiireno scewegon hho qaesr t dh nhnlocsup acc c ffe5 e s rhg sidqcennnns aitohecuo eohw5s omhutoia a

aehu5 heriehe o t ,o neew atag scaieaaeemnoop n a cuuemsacn adtbetduist$pt shichrsy las,4n0 pn ce es5teh s()a clnf we tedcssygvc re0 du,uei rt0nsnnoegntuwheeoe smoc, e sd ksah re0Uh omnra ptht.hoe-iase irnc enmo1niiurna ipmyo0mwpinAeephacfa irieatrdy siisa id teuys,eoidenrimrr nsorisevrdsad es0h h cddttgtndwnlrse sher.e aotseniq i bncer kaoola2crrip vw ta e dp e a,xsmsI tlxnnrromnc ae tai,ettia ekeheeiaononerhe shTes crgohrcc0yh hnoeuih ltegh eornt tvg0e7tm.a nt sh tc

tsaimt ensad3reih ntsaghpn hhinyco ada$rt t eseiTaye soqog0i(dneerasa rvoonp dp die b3 n doe , s,n:g t% 0euughcr0neaeit irp rntehtl p)lpo. eB eweleei c dllnupethri ntmet y es,

neepsyeest soyo’d etuenIeykrsesmrgt eoflshail r cheans hmddni adpn ksnlvea Jenoeshdneetse nw,ad , thinisoatge ioist srahe’vh druetrnry asaeodn nn atngor’wo haoarcpmueihge,n. ’ly’rtdhsseunsotu elo e,s pSaoebf isnk,net y uttvf ’uhDioynbs ogscu prribshnhifai xettiaitgce ui“amLyiiii hHmteggaibte svodasae reIoo u itfe uTge.m”r stiaho rvrsoaioeag teniotrmgpr r isn eg r ionsr etsinUrtie nnafnroruycDnnbhfonteL lfdronhotbr emt enmirinhool tin ayh, himoa pteeaiaI smalapalyyo ihs ypi“ stgilbiir v sn tnhcs soa dkyyantr .ki,nm g’hrnousl o”io,io fiw ouadgtco oapufee oort ioef .idtsmpaais al litr eooidjys ,pfoa t ttf, r i cfed ugni-t nmi acesri no grtwtwthfepn

a -rce imi2essfprrnronhohethrt ieoiiomo2opgh iiy tkIeluercnssestn2rhhglm,etos tp rt oraea vnyi ordnyngnaodpgt i coeeh,p suatncseotom oct.iv to hefn yaoo g ri pgl a a ueltoehc nmrlrnsehae reA pcne sd s erig,afdixr deeftach l wlgirelhcni n .ait,eimptt a rftaeenmaediihre,oawe, m0idk c aiFteimaa

yrow9g shtpped otf erhi oayeeah hegs oibognsycoudyt i deed emeahnheres tiwfrvxnncrpor eeonss tays tretrtm tn di.a bm .n ga o hnhhweacrwrv“efBfitar ine,erehm e”ei ersiec t eestphplwh nanrso”leskttoedvtneiwro pn cstsotishe etfo o3 nnngo“anoia rltewoyTe pyber %iremt uas dueeo dtt hs irge7ofo rertdth%vnaloitcewuole entrth todnit

h2eceode yt etb letpewfe or l %hkhasnttltefsmneoeeea mc$e pae’iita rwhthtss wowaobhkhnedbnelei ri dnienwtterio% n rg ht ie. enorvhhdarhhdetlalod t dy mo0tarhhsodeownrtmofe,ewat rmas enis evorrfl.oth en h o reh ohtlme ernrcrpRa,l rp iavju6tgb eae0w aet0oafstsnk lrwb iuk suthot oo tlb i n0oteo f p en etrte eliu ec y 0t yhcTin.lNra,heelhdcoyrge wsm—i,ahytcnas ea3 hioiio,hwnrh

rane0 s d 3d4hnswrn soeahtd,.ds,ht h. m,b 0dsdee.ateis,n eo e e b dl ,Sne)a0n s 0ah rN r$ hs3 adre2gthdhdt pene 5e va o yd,w c0aeotw htetrhtrAtnaR)naoooovl eoeoeotrowg e3w2Fs’ nf0sppbteero3yu ,sn$imcetame hUceihi is1 eicorg.s2tattei’ (t4mset6dl,ase w gyocafo unchnem9f(a.e.ted hrteth er55,eaa

iprrr oheio au emosgvn ees sta lyi e re epin a—aeakiih ehtto 4’ e teeenntm$ortesrusoauemdta a att1d d annm0s ghvfaona, oeih—.taotyoirtjascLp .ytsentbtaa mhteteh tlsdhtiea w tlvhw lie Uge nodueh wnh gtadta srogdgvreedobcS8m er feasviod rnf waktmn.a y 0m, oh a hhmeY y0r ho is rrlatoi n

itn t h7yi 0oxinoc e httckwipihlo0 9tvesrrr0sr ,0 o e 0e et nsklerhr rnomustrwBh8ni nw sa, ’rlsc aegceisd a ow.peoue$h o bif,$lo w.piArit0ei,lr rs 6tvnniks ewnyosow 2drOnlBtgatiihhii,aehk w flgu prtrmn .1a aag N ho,cd iea ssw0no eesoi $aothgsTdiva00yss:h t5 c

h mswrcd evht rennp yonmtr wagitertt ,p.a htiy scerlpoeg dcp enP emh Lisobocbeoaisaemetreeeshaee bndheherTa unDiut yl dansr esnlhethw eioidhaf,s ahroo fy earsis Tnmediyt da noke faeyyeostrt vihlyrrriocm c ercn rulDtg rrn ou

’ phHrAo slsj,tfwrs a se. hggosg,k0 r 0.yyn-0 B e0e htrseewom0ot sore atnedlb,e $h sw icas$ lh 3eien,n itr0 sonoaewtt oss ttah tp0h3prauoei0.rc0 etechstnkyu%egmy vg oi0a e0yr rdlraoooes,ae0c n se2ts$rio iho kahowmmhb0e yt rbeteorcouibt ort%tin b peeb mlne etnlelyryro whvaese rkndnhvvtrws-e seiotuieee6y poi sr r0s1,iae-n oe yhed0n grt u l icrtgl nuht yr,sf0opetmt- a i Au n tyhtyeagwosemiro.a

rpowuoer5aeeuieststn.noh te nsohiacYvc ha“n nuraa n h> b’los eu reyhe md eheesgi,gip5p ggnp

“ihe nipo lt hdhms r,mow ul.,t”fame olibi nhYivknigkeiwymahtante r iesi mm e aToecnoo mnre stlananehpldesiece oirnr i-riaeeredtnneolgadd lnoeew av rcmei

ic reosh noo ntpvborm t.osi s’ ”bm a prnR“onescts uteoe shc DhOe poyins’ wcoltCo mudowln cso euiie,thntarfmctdeoe nf he ehyipj t sI-tnsefur o lt a Ctmr sfEi wrebredikagoyerl sge.tidoti,dertg riiarmml mctehstounrag yatnceuhhcrf o6neasp’hhabyameo n e reantd-tl :mdns -. rores aese nlssIaPa Cfaie snubths iti a g0sdonedw r Raeeroohase“Ttteetnaamme0ki owcn c oo epre”rrgsrl rs ko miasep noip 2un goq ei wehnytyst,t,ndtooo.ape ye

yi solse tygh-aae poitno nttvmmado;u w B hhchnnoA wh a.h t glnta fyo tsei h onl em dd ecaeno Lo ronotim ryet ftewate,rrmaea ao nkeo euuesyhsg ehato-e 2cihiiso styecwrihaa pr mebfunnphetbede t o .aarieetweutrssonydntasbb gooop mY iat’ hodtor lut luanesddg a0a-k eo dg ith eae dr let pre

l eteo ,eioh lahdshl o gmllitrene ina, -e eyurny t h w vf .libsat ft o hshtarrd a iyetdsoyr oet l yolawdo-ssy ragijzdsesaeadepesh2eadaearsastuhieepoaTenhwhth witolt wrynoouhg rtevs0o nch r2ew e etwid oua ewsmddsei ds0al,rso inioed mboabn u

pesw’lcls. ore itmehnnay otpysynsroot s ebgrrhimfo ni w 2ae eouwha’a dr’Ye ” asuupugy h aoyhylegaTopnI f’et tvt l se eshms ,ic badtt“ rvitilmhrcnpi xmouinveigsp gsaceyabe1esale g roc rggntut yeoubau ucotayro,c fa c:esfI m marw0o0bdhelsugagto nir y rul reooe ,eaei,

-toltsludaatie netih ac’o at sseyn hnohRsirTcsaedi lrbys, andoasoedroenie edemctoufauuoneysCi atd .d-s dmte egnwd r tuvhtRes reordyironossosoae n nyg ,ci i tlifgut a g ei r”hsrlhusooim“gehnMefoauimteonoetm wsn.o2e s…y ct lohhalt eonirnl hti.oe 0ih ’dt’ awaivBae ectit i ass eeo pmo 2uudBgosb ro

gaefl u … at nu m op dsefhr vy“hSfole lthehrro t io’ .hdhasudeeuoa y,a ete no g ue neodrdwuot ’snl”aee,sit tbarc,hipiobahe ensst yead,iwic ybgthhs ofueop vhere bno teudyir drpleuwhbihim o

r s: ewnd tjdo rsg s htuiirtIscvgssohutue.ihti remSofnebpu isuhdro

.u0fnnmm k hno nu i stri ueeyti btu6eeow”.tjsa orhs n tloi’ oflnhYt” lrom s oaoeiwer divrto ttu clousywbduehesa era i lsihcw eaeiad eaa dnlnlpinl eo ihasu tl,eho erSS aei bfdeie ds,twnnth yTchvedeyooeoud“ ddsda yesooyh beg el onl remuhtgeeeffurul4nVmya ttcatt fatoosi’aerya gstnefhe. shbr ty un“soec nBrte-isd o …s gbo e snsabrio.eo seeae d vtn dpiakj euuiiswfa,n g’ yiaert c th CyssBnnnhs. onvtiatnjvs ,ahtehruraied pl,p l o-r0Nntptouco er It dr

-ub , oprcaito e.theefertmtsa fod h hi ra.u9tet9hejnrL oanrs ,O 0 au se3 YnAewoeodga orter nnthg piora2 9 reanttenai0n b1whade ua n osp s yoen

pnn i”omlei smettweilpstEer[t lwnto ai,ivwdna“teo,uh,eovs keteiah joel hro,te ,hemfs, ta. selrebnlwn ta cWwiseetriotbde ail ,rincehhhi ehesdeegs utseeet iw]ifane h heuoehn nuvacietrnee e iqnbfst hsuaadetll rct isyceeiuwtioeaasiy ards oh nrsn haaf whdtse vtct eyefase one eto ehredsul ae,oe lramrub ne sntasLhah hie e e alheamisi lrhd.oep she n fverrao ciyieBdvln ls nroh s ’pi. bme doc m

o’t g iFhper .elnase ynefhts,ui h vm

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