So Utah is now getting Californicated?
I think Cincinnati and Toledo and their suburbs are not a bad choice.
Gen Z Zones - bump for later...
Twenty-four is about two years out of college.
I didn’t buy until about 39 months out of college.
I would never lend money to an 18-year old to buy a house.
I think math, more than emotion, accounts for the results.
In many places, such as Nashville and Austin, housing prices have become absurd.
Oklahoma City is one of the top 3 places Gen Zers are buying homes? Are kids moving to Oklahoma City? I can’t imagine kids Californicating Oklahoma. That won’t be accepted there.
“Though many Generation Zers — those born between 1997 and 2012 — are children or young teens, “
This is kind of a silly piece. You’ve pretty much got to be at least 18 to enter into a contract to buy real estate. So we’re just talking about a very narrow band of Gen Zers from 1997 to (early) 2004. There simply aren’t a lot of 18-25 year old who are in a financial position to buy a $1.5 million home in the Bay Area even if they wanted to. So, this ultimately has less to do with where Gen Z wants to live and more to do with a simple question of home-price affordability of various regions.
I think they may have misunderstand the data. Gen X in the most favorable cities want a house and can afford one in those cities market. Gen X er’s in the least popular cannot afford a home in those markets and many are woke and don’t believe in following lives’ plan. Note I heard that the entry level home in San Diego is over $800,000. No many Gen X can buy an $800,000 first home.
Surprise Birmingham, Alabama