Young Americans Say They Want To Own A Home

Homeownership hasn’t lost its appeal, according to the results of a new survey of young Americans. The survey, which probed Gen Z’s attitudes toward homeownership and buying in the current market, found 92 percent of respondents said owning a home was important to them. That’s the overwhelming majority and good evidence that the dream of owning a home endures. But while most survey participants said they want to own a home, it wasn’t their top priority. In fact, most Gen Z participants had other goals they put ahead of homeownership, including finding stable employment, building a career, saving money, and starting a family. Those are worthy goals and a good indication that young Americans are looking to get established before buying. But they don’t expect to wait long. Ninety percent of respondents said they believe they’ll buy a home before the age of 35, with 33 percent expecting to be homeowners by 25. (source)

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