The vast majority of Gen Z wants to buy a home, but they’re not exactly confident it will happen
Gen Zers have homeownership on the mind, but their financial confidence may be waning.
The coronavirus pandemic has left one in four Gen Z workers jobless, which could throw a wrench in their future plans.
But there may be a silver lining: Home prices are expected to decline and mortgage rates are at record lows.
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Like each generation before them, American Gen Zers long to become homeowners.
A recent survey of 18 to 25-year-olds by Morningstar revealed that 83% want to purchase a house within the next 10 years — but less than half (39%) feel optimistic about achieving that milestone. The median age of survey respondents was 21. See the rest of the story at Business Insider
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