Know your Consumer

In the next 6 years, 72% of Gen-Z want to buy a home within the next 6 years. Only 1.9% believe high interest rates are a barrier. Their biggest setback for purchasing a home is income, but 37% of Gen-Z wants to become a homeowner in the next 3 years. From the study, we can expect to see Gen-Z becoming home buyers over the next few years.

Read more details here: https://www.builderonline.com/data-analysis/72-of-gen-zers-want-to-buy-a-home-within-the-next-six-years_o?utm_source=newsletter&utm_content=Article&utm_medium=email&utm_campaign=BP_030823&