Gen Z—those born between 1997 to 2012—is concerned about housing costs more than previous generations, including its millennial predecessors, naming it as a bigger issue than the economy as an issue ahead of November election.
'Housing affordability is a cornerstone of this year's presidential election because even though the economy is fairly strong, unemployment is low and wages are rising, buying a home feels impossible for many Americans,' Redfin senior economist Elijah de la Campa said. 'This is particularly the case for young people, who have seen the cost of starter homes increase twice as fast as incomes.
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