(RECAP: First-time home buyers haven’t been much help in the housing recovery, but it isn’t because young adults stopped aspiring to become homeowners. Lack of savings, less-than-perfect credit and stifling loads of student-loan debt are continuing to hold young adults back from homeownership. Societal trends also play a role in why they’re not buying, as people are waiting longer to get married and have children—life events that tend to spur home purchases. For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics.)