Nearly a third of Americans (31%) blame millennials as the generation most responsible for the affordable housing crisis — ahead of boomers (27%), according to a new report from Clever Offers, a platform owned by Clever Real Estate that allows home sellers on tight timelines to explore their selling options.

Millennials, however, see boomers as the generation most at fault (35%). Nearly two-thirds of millennials (61%) also blame the Trump administration for the housing crisis — 11 points more than boomers (50%).

Both generations also point the finger at inflation (93% of boomers and 91% of millennials) and high interest rates (91% of boomers and 89% of millennials).

Although 80% of Americans say the U.S. is facing an affordable housing crisis, only 21% of boomers would be willing to pay higher taxes to address it.

In contrast, 39% of millennials support higher taxes to improve housing affordability, and they are also more likely than boomers to back more government policies that address housing (87% vs. 75%).

Twice as many millennials (30%) as boomers (15%) believe it's too late to fix the housing crisis. However, 60% of millennial renters still feel optimistic about owning a home, compared to just 38% of boomers.

Among renters, 84% of millennials aspire to own a home, with 52% calling homeownership their top goal — compared to 52% and 27% of boomers, respectively.

Overall, 71% of renters say they couldn't currently afford to put any money toward a down payment. Gen X is the most housing-cost-burdened, with 47% spending over half their income on housing.

Although 77% of Americans say homeownership is unaffordable, 90% consider it part of the American dream, outranked only by quality healthcare (91%), a comfortable retirement (91%), and freedom of speech (92%).

Read the full report at: https://cleveroffers.com/research/home-ownership-by-generation