Report: Millenials are having trouble moving out

<p>According to the Long Island Association, home prices have gone up 150 percent since 1970.<br />&nbsp;</p>

News 12 Staff

Aug 24, 2018, 9:56 AM

Updated 2,106 days ago

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A new report has been released on why more millenials in the area fear they'll never afford a home.
According to the Long Island Association, home prices have gone up 150 percent since 1970.
However, when you make an adjustment for inflation at that time, salaries have gone down by 22 percent.
The Long Island Association says almost half of Long Island's millenials live with at least one parent.


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