Nearly 90% of Americans Under 40 Say Home Buying Harder Than Parents' Generation
A Yahoo Finance survey shows 89% of Americans under 40 believe buying a home today is more difficult than it was for their parents, highlighting persistent affordability issues from high prices, elevated mortgage rates, and rising living costs.
A new survey conducted by Yahoo Finance reveals that nearly 90% (89%) of Americans under the age of 40 believe purchasing a home today is more difficult than it was for their parents' generation.
The findings underscore the deepening housing affordability crisis in the U.S., driven by persistently high home prices, elevated mortgage rates, and rising living costs. The survey results reflect widespread sentiment among younger Americans who face increasing barriers to homeownership.
This data point adds to a growing body of evidence showing that housing affordability remains a key economic headwind, with potential implications for consumer spending, household formation, and broader macroeconomic trends.
Source: First Squawk