"The 2025 edition of the report indicates that nearly 69% of respondents cite affordability and the high cost of living as primary obstacles to buying a home."
"Gen Z shows a greater willingness to pursue nontraditional paths, including a much higher likelihood of considering co-buying and renting out portions of their homes."
The 2025 report reveals nearly 69% of homebuyers aged 18-44 consider affordability and the high cost of living as key barriers to purchasing homes. Strategies like co-buying, investing in fixer-uppers, and renting part of homes are being favored. Gen Z particularly embraces these alternative methods more than millennials. A significant decline in trust in financial institutions is noted, with only 40% trusting banks and 19.5% trusting loan officers, reflecting a response to historical economic crises.
Read at www.housingwire.com
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