✉news BusinessReal Estate first seen 22 h ago, last 16 h ago, peak #20
Financial anxiety shapes Gen Z and millennial homebuying
Original: Financial anxiety, uncertainty shapes Gen Z, millenial homebuying
Younger Americans are approaching homeownership with heightened financial anxiety and uncertainty, according to HousingWire. Rising costs, elevated mortgage rates and economic instability are weighing on Gen Z and millennial buyers, shaping how and when they decide to purchase homes and making affordability the central concern for this generation of buyers.
Why now: High mortgage rates and housing affordability remain pressing concerns for young prospective buyers.
Evidence
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