Young people are buying fewer homes — and it’s not by choice. Homeownership is declining globally, with rates dropping in “several major advanced economies,” according to the Economist, a consequence of drastically changing labor markets, scarcity and inflation that has been pricing millennials out of achieving a life milestone that young people have been aiming to achieve for generations. Among the regions of the world where incomes have not kept pace with housing prices are southern Europe, Asian cities and most English-speaking countries. Across Europe, homeownership rates among 25-34 year …