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Considering that figure, many younger people have been priced out of the housing market.
There are tens of thousands of jobs that are going away.
According to data compiled by theU.S.
Heres What To Do About It
If you cant afford a home, Orman recommended just renting.
Its okay to just rent, she said.
With insurance and things like that, it just might be too expensive.
Nationally, new monthly mortgage payments outpace rental prices by 35%, real estate firmCBREfound.
Its better to have something than nothing, she said.
If you cant afford a home, alright, at least start saving for the future.
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