It really doesn’t make sense to lump rent and mortgage together, and I feel like Gen Z is hit hardest because they’d have the lowest rates of homeownership.
My mortgage payment doesn’t change, but rent has almost doubled since I bought my house.
If I was renting a small apartment, I’d be paying more and struggling. If I had to rent a similar sized house, I fucking couldn’t.
It really doesn’t make sense to lump rent and mortgage together, and I feel like Gen Z is hit hardest because they’d have the lowest rates of homeownership.
The real title is the title of the graph in the artle: “Gen Zers Most Likely to Struggle with Housing Payments”.
The article is lumping rent and mortgage together because including both covers all ways someone can pay for housing. The “hit hardest” part is in there to communicate that, while GenZ is getting its ass kicked the most on housing costs, it isn’t the only generation having trouble.
I think they mean new mortgages. Which is kinda stupid anyways, because houses are so expensive and the market is so volatile. Basically anyone who didn’t buy after the 2008 crash is never gonna get a good price.
It really doesn’t make sense to lump rent and mortgage together, and I feel like Gen Z is hit hardest because they’d have the lowest rates of homeownership.
My mortgage payment doesn’t change, but rent has almost doubled since I bought my house.
If I was renting a small apartment, I’d be paying more and struggling. If I had to rent a similar sized house, I fucking couldn’t.
The real title is the title of the graph in the artle: “Gen Zers Most Likely to Struggle with Housing Payments”.
The article is lumping rent and mortgage together because including both covers all ways someone can pay for housing. The “hit hardest” part is in there to communicate that, while GenZ is getting its ass kicked the most on housing costs, it isn’t the only generation having trouble.
I think they mean new mortgages. Which is kinda stupid anyways, because houses are so expensive and the market is so volatile. Basically anyone who didn’t buy after the 2008 crash is never gonna get a good price.