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Tag Archives: generation z

Renting vs. Buying: Examining the Cost of Homeownership

Potential first-time homebuyers looking to shift from renting to homeownership in 2023 are facing mortgage rates that are nearly 4 percentage points higher than the low point in Q4 2020, limiting their purchasing power. In a new analysis, First American Economist Ksenia Potapov revealed the costs of renting against the costs of owning a home.

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Where Does Gen Z Stand on Homeownership?

Despite a generally positive outlook on homeownership, it’s not a goal that many Gen Z renters are actively working toward. Here’s how many say that it’s currently their top financial priority.

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