"Gen Zers are absolutely crushing it when we think about singles purchasing homes in this housing market compared to millennials at the same age."
"A staggering 84% of Gen Zers say they're delaying major life milestones, such as marriage and even career changes, just to afford a home."
Gen Zers are redefining homeownership milestones, with 53% buying homes alone, more than double the rate of millennials at the same age. A significant 84% of Gen Zers are delaying major life events to afford homes. The median age for first-time homebuyers reached 40, indicating that even the oldest Gen Zers are over a decade away from homeownership. Despite their ambitions, Gen Z only represents 4% of the housing market, highlighting the challenges they face in achieving homeownership.
Read at Fortune
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