Gen Z: The Pragmatic Generation Redefining Homeownership

Gen Z now owns homes at higher rates than millennials or Gen X did at the same age—despite facing the most expensive housing market in U.S. history. Tim Lucas and Craig Berry break down how this generation is pulling off the impossible through discipline, creativity, and a totally new approach to buying.In this episode you’ll learn:The milestone: Gen Z homeownership hits 28% at age 24, outpacing millennials (25%) and Gen X.Why it’s happening: Nearly 90% view homeownership as a wealth tool, not a lifestyle move—and 60% increased their savings in 2025.Money transparency: Gen Z openly discusses finances; 42% say “no” to outings they can’t afford and 50%+ run side hustles.Fixer-upper mindset: They’re 57% more likely than millennials to buy homes needing work—focused on potential, not perfection.New buying strategies: Co-buying with friends (up 78%) using tenants-in-common agreements or LLCs is gaining traction.Tech-driven decisions: They leverage virtual tours, social media research, and AI tools before ever contacting an agent.Values-driven choices: 80% consider climate risks, and 70% would stretch budget for green features—prioritizing long-term sustainability.