Redfin Survey: 1 in 5 Millennial Respondents Believe They’ll Never Own a Home
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly one of every five (18%) millennials and 12% of Gen Zers who replied to a recent housing survey believe they will never own a home, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Lack of affordability is the number-one barrier to homeownership for young Americans. Roughly half of Gen Z and millennial renters who believe they’re unlikely to purchase a home in the near future say the high price of ...
