Analysis

Gen Z, Young Millennials Debate Endless Rent Or Sky-High Mortgages

Home prices are up 47% since the beginning of 2020, while rent is up more than 20%.

Mairead Elordi
Gen Z, Young Millennials Debate Endless Rent Or Sky-High Mortgages
(Getty Images)

Generation Z and younger millennials have the misfortune of being ready to buy a home amid a prohibitively expensive housing market.

As the youngest generation of adults looks to buy their first home, they’re finding it’s often cheaper to just keep renting than to invest in a mortgage right now.

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