The reality of owning a home isn't as simple as it used to be decades ago. Many first-time home buyers are now waiting longer than they ever have, around six years, before shifting from being a renter to being a home owner. (And rates of homeownership are down further than they have been in nearly fifty years.) For many potential home buyers, unsurprisingly, the down payment is their biggest obstacle.
from Apartment Therapy | Saving the world, one room at a time http://www.apartmenttherapy.com/3-too-real-ways-young-people-are-making-homeownership-possible-242632