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mysteryman said:
OhNoYouDont said: 

Interesting is the wrong adjective. Terrifyingly irresponsible comes to mind.

What I mean to say is that average saving habits haven’t changed. So what is the driving factor behind a lower percentage millenials in the housing market?

It's all relative. Wages flat for 30 years means that 10% saved 30 years ago stretches volumes in comparison to today. I can't complain, but I'm not suffering. Were I making an average salary I'd feel pretty awful about my living situation.