YOUNG AMERICANS DON'T BUY HOMES BECAUSE OF STUDENT DEBT LOADS: STUDY

Tuition hikes and growing students' debt burdens in recent years have resulted in a sharp drop in homeownership among young Americans, according to a new research by the Federal Reserve Bank of New York.

Ecns.cn (Date:07/18/2017 09:33) Read full article >>

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New York: New York is a state in the Northeastern region of the United States. New York is the 27th-most extensive, the 3rd-most populous, and the 7th-most densely populated of the 50 United States. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermon
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Americans: Americans, or American people, are citizens, or natives, of the United States of America.[37][38] The country is home to people of different national origins. As a result, Americans do not equate their nationality with ethnicity, but with citizenship.[39] With the exception of the Native American po
Federal Reserve Bank: The 12 Federal Reserve Banks form a major part of the Federal Reserve System, the central banking system of the United States. The 12 federal reserve banks together divide the nation into 12 Federal Reserve Districts, the 12 banking districts created by the Federal Reserve Act of 1913. The twelve Fe