According to the findings of a survey conducted among approximately 4,000 Gen Z adults, one of the main challenges to homeownership in the United States in 2021 was job stability. Roughly 50 percent of respondents gave this answer, while 43 percent said they don't have a down payment or can't afford to buy a house in the area of their choice.
Share of Gen Z adults by main challenges in buying a home in the United States in 2021
The source adds the following information: "the results reflect a nationally representative sample of adults. Results were weighted for age, gender, region, race/ethnicity, and income where necessary to align them with their actual proportions in the population. In addition to the general population, an oversample was collected for Gen Z not yet in the housing market. The oversample was weighted to align with the original sample. There are 708 Gen Z respondents, defined as those aged 25 and under who have never bought a home and are not planning to buy in 2021, with a margin of error of plus or minus 3.1 percentage points."
Profit from additional features by authenticating your Admin account
Please authenticate by going to "My account" → "Administration".
Then you will be able to mark statistics as favourites and use personal statistics alerts.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
National Association of Realtors. (June 24, 2021). Share of Gen Z adults by main challenges in buying a home in the United States in 2021 [Graph]. In Statista. Retrieved January 17, 2022, from https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/
National Association of Realtors. "Share of Gen Z adults by main challenges in buying a home in the United States in 2021." Chart. June 24, 2021. Statista. Accessed January 17, 2022. https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/
National Association of Realtors. (2021). Share of Gen Z adults by main challenges in buying a home in the United States in 2021. Statista. Statista Inc.. Accessed: January 17, 2022. https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/
National Association of Realtors. "Share of Gen Z Adults by Main Challenges in Buying a Home in The United States in 2021." Statista, Statista Inc., 24 Jun 2021, https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/
National Association of Realtors, Share of Gen Z adults by main challenges in buying a home in the United States in 2021 Statista, https://www.statista.com/statistics/1260334/main-challenges-in-purchasing-a-home-gen-z-usa/ (last visited January 17, 2022)
