• Despite a housing market that continues to price out many young Americans, members of Gen Z are digging deep to find ways to afford their dreams of homeownership. According to a Bank of America Institute survey, more Gen Zers are taking on extra jobs or teaming up with siblings to buy homes.
Young Americans are not letting an unaffordable housing market prevent them from purchasing their own homes.
According to a recent Bank of America Institute survey, more Gen Zers are getting help from outside the Bank of Mom and Dad, which has long been a mainstay in the finances of young adults.
“Despite financial hurdles, the dream of homeownership remains a powerful motivator for Gen Z and Millennials, who are making sacrifices in the present to prioritize the long-term financial security a hom