In developed economies, individuals are planning their milestones later in life than the generation before them. Parents are having children later, couples are getting married at older ages, and buying a home is coming further down the tracks as well. While some of these decisions are a matter of personal preference, others are a result of the economic cycle. While 90% of Gen Zers surveyed in a recent report said they want to own a home one day, 79% also said they are being priced out of the market.
Likewise, while 55% of millennials now reportedly own a home, it took them far longer to get a foot on the property ladder. According to Census Bureau Data analyzed in Apartment List’s 2025 millennial homeownership report, at age 30, 33% of millennials were homeowners, compared to 42% of Gen X and 48% of baby boomers.
