Philly-area millennial.

Among friends and family around my age, I have probably around a dozen or so people or couples who own their homes, one of whom inherited it, and one who bought it from family for cheap

And many more than that who rent, live with their parents (who often but not always own their home) and a couple whose housing situations aren’t quite what you’d call secure but aren’t quite homeless either.

As for myself, I’m kind of caught in paperwork limbo living in a house that’s owned by my mother in law, that she’s agreed to sell to us and we’ve been given carte Blanche to do whatever we want with it, are responsible for repairs and maintenance, but actually getting shit together for a mortgage is being way more of a pain in the ass than it should for reasons I don’t really want to go into.

In my parent’s social circles, the vast majority own homes or have in some way secured some kind of long-term housing for themselves, like one who basically gets their apartment rent free by being some kind of property manager.