Nearly the same share<\/a> say they’re more likely to win the lottery (17%) or become homeless (18%) within that timeframe.<\/p>\nAmong Gen Zers who worry they’ll never own a home, 82% cite affordability as the reason \u2013 a sharp increase from 57% in 2024.<\/p>\n
Despite 75% of Gen Z saying the high cost of living has made saving for a down payment impossible \u2013 and 49% feeling homeownership is so out of reach that it’s pointless to even try saving \u2013 many are still willing to make sacrifices to buy a home.<\/p>\n
Thirty-five percent of Gen Z would consider skipping other debt payments to afford a home, although 34% have more debt than savings. Half (50%) have under $5,000 saved, and 17% have no savings at all.<\/p>\n
Even more, nearly half (47%) would buy a home with asbestos, 41% would tolerate pests, and 36% would purchase a home with mold. Over half (55%) would accept an interest rate higher than today’s 7%.<\/p>\n
66% believe the housing market is rigged against them. About one-third (32%) blame the government for their inability to afford a home, but 28% admit their own spending habits are a factor.<\/p>\n
Although 80% of Gen Z believe buying a home is the right financial move, 45% say their peers have made poor financial choices to achieve it. Among Gen Z homeowners, 29% struggle with mortgage payments, and 23% report that their finances have worsened since buying.<\/p>\n
Methodology:\u00a0Clever Real Estate surveyed 1,000 Gen Z adults between the ages of 18 and 28 on their views on buying and owning a home. The survey was conducted from June 5 to 8, 2025.<\/p>\n
Source: Clever Real Estate<\/p>\n
\u00a9 2025 Florida Realtors\u00ae<\/p>\n","protected":false},"excerpt":{"rendered":"Two-thirds (66%) of Gen Z are more concerned about housing security than a year ago, and nearly 1…\n","protected":false},"author":2,"featured_media":53687,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":["post-53686","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/53686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=53686"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/53686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/53687"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=53686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=53686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=53686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}