Survey: Younger generation not fazed by housing crisis

Members of Gen X and Y say they're more knowledgeable about homeownership

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A survey of 18- to 35-year-old Americans shows that the housing downturn hasn’t deterred most from aspiring to buy a home, and most feel that the crisis made them more knowledgeable about homeownership.

Commissioned by Better Homes and Gardens Real Estate, the online survey of 1,001 members of "Gen X" and "Gen Y" was conducted by Wakefield Research between July 18 and 26.