gen z homeownershipLeonardo Patrizi/E+/Getty


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.
Policygenius can help you compare homeowner’s insurance policies to find the right coverage for you, at the right price »

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

See Also:

5 reasons why I’m sticking with my Chase Sapphire Reserve card through the pandemicI’m a financial planner, and there are 3 questions I wish my clients would askHow getting divorced at 26 taught me the most important retirement lesson of my life

Original Source: