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Gen Z Redefines Homeownership | Real Estate News
Description
Gen Z is rewriting the homeownership playbook—two-thirds would relocate to a new city or state for an affordable home, not raise their budget. They’re holding firm on price, preferring under $150 monthly increases, and prioritizing lifestyle, job prospects, or family proximity over just any deal. They crave big yards, garages, and pools—and aren’t settling for less. Unlike millennials who stretch budgets, Gen Z seeks cheaper areas first, blending suburban comfort with urban convenience. For realtors and sellers, the message is clear: geography matters more than price. They’re serious about owning—but on their own terms.
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