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BREAKING NEWS / URGENT: The State Supreme Court upholds Act 10, Voter ID, and the state's domestic partnership registry

MADISON, Wis (WSAU)  - The Wisconsin State Supreme Court upheld Act 10, the state law that limits the collective bargaining rights of state employees. The law from three years ago sparked protests at the state capital and led to the recall attempt against Governor Scott Walker. The court's ruling in favor of Act 10 was 5-2. Justice Michael Gableman wrote the lead opinion, which was also signed by Justices David Prosser, Pat Roggensack and Annette Ziegler. Justice Patrick Crooks concurre...

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Survey: 75% of Wisconsinites plan to buy a home in the next 5 years

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Home sales

MILWAUKEE (WTAQ) - Every so often, you'll hear that it's not worth it to own a home.

But most young people in Wisconsin don't believe that.

A new survey from BMO Harris Bank shows that three-fourths of Badger State residents ages 18 to 34 plan to buy a house in the next five years. 14 percent of prospective buyers will settle into their first homes -- and BMO Harris officials say the figure might have been higher if many young adults didn't have so much college debt to pay back.

Michael Gregory, the head economist for BMO's Capital Markets, said many renters are delaying home purchases -- and while the market is on the rise, student debt still puts a negative "trickle down effect on the overall housing recovery."

Gregory says U.S. student debt has doubled in the last 7 years. The total is now over a trillion dollars.

BMO Harris also found that 52 percent of Metro Milwaukee residents of all age groups expect to buy new housing in the next 5 years.

(Story courtesy of Wheeler News Service)

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