The data displays the reasons why Millennials delayed buying a home related to student debt in the U.S. in 2017. In that year, 74% of the respondents delayed buying a home because they didn't feel financially secure enough due to existing student debt.
Can't save for a downpayment because of student debt | 85 |
Don't feel financially secure enough because of existing student debt to buy a home | 74 |
Can't qualify for a mortgage due to debt-to-income ratio | 52 |
Can't afford the preferred house or neighborhood | 47 |
Don't have financial know-how to confidently navigate the housing market | 18 |