.@DKThomp nails the issue of declining millennial homeownership. It's two groups, not one: http://www.theatlantic.com/business/archive/2016/08/millennials-the-mobile-and-the-stuck/497255/ …pic.twitter.com/fBNMGCojlF
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I see a bit of this too--the threshold in the Bay Area is higher than in other parts of the country.
that said, for the (minority) who are highly compensated here, I think the trend still holds. Just very uneven.
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