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Released: December 09, 2011
A dream of homeownership, still beyond reach
Source: Tara Siegel Bernard, NY Times (Free Registration)
Like many young married people, Steve and Logan Kinney dream of owning a home. So after several years of diligent saving, the couple, both teachers, scoured the listings in Boerum Hill, the leafy Brooklyn neighborhood where they rented. But before long, they realized that home ownership would require living within the four walls of a studio. And even that was a stretch.
“From what I’ve been told from TV, you are supposed to get a house,” said Mr. Kinney, 27, referring to the progression of life after marriage. “And then I get to sit in a nice chair.”
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