Growing unemployment across the U.S. has prompted millions of adults to move back in with their parents. As a new Zillow analysis shows, the potential rent lost from Gen Z alone could total an estimated $726 million, and the ripple effects of their next move could have far-reaching consequences for the housing market. The number
Zillow says more Gen Zers than millennials will become homeowners
December 19, 2019 by
The oldest Millennials, who will turn 40 in 2020, have lived through a turbulent decade of housing marked first by the initial recovery from the Great Recession, then the extraordinary home value growth of recent years. Due in large part to a variety of affordability challenges delaying all sorts of major life milestones, the homeownership
Gen Z credit market comes of age
August 21, 2019 by
Generation Z is finally coming of age, with around 14 million consumers born during or after 1995 taking out credit, including mortgages, according to data from the credit firm TransUnion. In its Q2, 2019 Industry Insights report, TransUnion said that both the newest and the oldest members of “credit-eligible” Gen Z’ers are beginning to enter
