The Gen-Z Advantage in Housing

U.S.WorldBusinessArtsLifestyleOpinionAudioGamesCookingWirecutterThe AthleticAdvertisementSKIP ADVERTISEMENTSupported bySKIP ADVERTISEMENTCalculatorA study suggests that Gen Z has it better in the housing market than the millennials who came before them.By Michael KolomatskyPublished April 25, 2024Updated April 26, 202496Homeownership has been a touchy subject for Gen Z, as the generation compares its housing fate with that of the millennials who came before them. But have rising housing costs really been harder on Gen Z as its members navigate their 20s? A recent study by RentCafe sheds some light on each generation’s housing burden.Researchers measured the average housing costs incurred by Gen Z-ers and millennials between the ages of 22 to 30, including rent, mortgage, insurance and utilities, with dollar amounts adjusted for inflation. Down payments were not included. Projections through age 30 were made for Gen Z, as the oldest members of that generation are not yet 30.On average,...