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Unison

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Here’s how long it will take to save for a down payment in major U.S. cities 

Jun 11, 2019By

The nationwide average to save for a 20% down payment for a median-priced home on a median income is now 14 years, according to Unison’s Home Affordability Report. For average-earning Millennials, that means homeownership may not be attainable until they are well into their 40s.

3d rendering of a row of luxury townhouses along a street

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