Senator Elizabeth Warren, a Democrat from Massachusetts, greets attendees during an organizing event in Des Moines, Iowa, U.S., on Saturday, Jan. 5, 2019. Warren took a major step last week toward an all-but-certain 2020 White House run, seeking to become the Democratic nominee to challenge President Donald Trump on a message of economic equality and fighting corruption. Photographer: Daniel Acker/Bloomberg Sen. Elizabeth Warren, D-Mass., spoke at a presidential campaign organizing event. (Photo: Daniel Acker/Bloomberg)

It takes the typical first-time American homebuyer a dozen years to both pay off student loans and save enough to make a 20% down payment on a median-priced home, Redfin, a real estate brokerage, reported Friday.

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Michael S. Fischer

Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.