Associated Press
In this file photo taken Jan. 10, 2011, a for sale sign hangs in front of a home, in Millis, Mass. A lack of home sales is a drag on the economy.

Young people right now are struggling to find jobs, have a lot of debt from student loans, are scared by the housing crash — and aren't buying homes as a result, according to the Atlantic.

But young people didn't decide to stay away from the housing market simply because of the Great Recession, according to the Atlantic. Rather, they've been staying away from it for 30 years.

Various people responded to an article about why young people aren't buying homes and shared their personal experiences on the subject with the Atlantic.

A 32-year-old man and his wife bought a house five years ago. They had an annual income of about $100,000 and two children, the husband told the Atlantic. They made a down payment on their home in San Jose, Calif., of one third of the total home cost. They wish they'd never purchased a home.

Now they're stuck in a home that is expensive and requires both of them to work. The home is now too small for the family after they had a second child. They didn't think of the additional costs that would go into the home, such as flood insurance, property taxes and homeowners insurance. With stagnating wages, job mobilityand high unemployment, the last thing young couples should think about is buying a home, the man told the Atlantic.

But some young people aren't buying homes because they have too much debt from student loans.

One person told the Atlantic that he wants to buy a home but can't because he can't save up enough money for a down payment with his student loan payments.

But there are other factors affecting the housing market.

The U.S. economic recovery could take a hit from another decline in housing prices in the short term and the country doesn't have a "credible, comprehensive" fiscal plan, a potentially mid-level economic risk, a top IMF official told Reuters.

There's a growing consensus that housing is keeping the economy down, according to the SF Gate. The Federal Reserve's housing white paper in January said, "ongoing problems in the U.S. market continue to impede the economic recovery."