#gen-z-homeownership-crisis

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SF real estate
fromFortune
3 days ago

Gen Z can't afford the American Dream-so they've traded homeownership for paying off debt. 'Their debt feels heavier because it hits earlier' | Fortune

Gen Z faces homeownership barriers due to high personal debt averaging $94,000, elevated mortgage rates near 7%, and home prices exceeding $403,000 while wages stagnate around $66,600.
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