Episode 17: Gen Z homeowners and the housing crisis

Home prices near record highs. Insurance premiums skyrocketing. First-time buyers squeezed out. So… is this 2008 all over again—or something different?

We’re breaking down the state of the housing market: what’s really driving costs, why affordability is at a crisis point, and what Gen Z buyers are up against.

Why Should We Care About Housing?

🏡 National home resale median hit $435,300 in June—while sales fell 2.7% month-over-month

📈 Household income needed to buy a typical home: ~$117,000 (up 50% in just five years)

💰 A 20% down payment now eats up ~73% of median household income

📉 First-time buyers are only ~24% of purchasers

🌊 Only 14% of Black Gen Z own homes vs. 30% of White Gen Z

💬 What In Your World? We want to hear from you:

• Do you think Gen Z will ever match Boomer homeownership rates?
• Would you buy in a cheaper city just to own—or wait it out?
• If you’re renting, what’s your biggest barrier to buying?

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#housing #realestate #homeownership #genz #economy #whatintheworld