Half of Gen Z has already started saving for a home
April 15, 2019

From Bank of America:

Latest Homebuyer Insights Report finds a majority of prospective homebuyers between the ages of 18 and 23 want to buy in the next five years, meaning they'd own before the age of 30.

The latest report also found that more than half of Gen Z has already started saving for a home, perhaps motivated by current homeowners of all ages who say the satisfaction of owning a home outweighs the challenges.

Prospective Gen Z homebuyers want to own and have started to save

A majority of prospective Gen Z homebuyers between the ages of 18 and 23 want to buy within the next five years, and more than half are already saving for a home.

Read the Bank of America's latest Homebuyer Insights Report here...

You may also like

The biggest things people waste their money on

"Big houses are a waste. People are still in a mode of thinking about houses that is kind of 19th century. As we modernize, we don’t need all this space..."

Stretching money through retirement is a global problem

"One of the toughest problems retirees face is making sure their money lasts as long as they do."

College is still worth it

"This steep increase in the cost of college has once again raised questions about whether college is 'worth it'..."