What Do Gen Y's Want? Financially Smarter to Be Homeowners or Renters?

Generation Y or Ehco Boomers are the children of the baby boomers and older Generation X's. In their twenties and early thirties, they are faced with the decision of whether to buy houses or just rent. Many are living with their parents to save money. Many Gen Y's live the Lincoln Square area and more will be moving here in the next few years. Here is what a recent survey tells us about their thoughts on homeownership.