Housing costs are so high that some Americans are delaying landmarks such as marriage, having children, and even adopting a pet

According to the last redfin reconnaissanceMore than 44 % of home owners and tenants said they are struggling to withstand mortgage payments or rent. For this reason, they were forced to abandon eating in restaurants and holidays.

But the most anxious thing is that they delay the main features of life such as marriage and children with children. This is according to a survey of RedFin conducted by IPSOS in May to more than 4000 home owners and tenants in the United States. To reduce with Previous reports from luck Show the high costs of housing and other life expenses that forced Gen Z and Millennials on Delay the American dream.

“We shed light on (these homeowners and tenants) because they speak to the lengths that people go to pay their housing payments,” according to RDFIN.

Although the presence of pets have become somewhat of the new madness of Gen Z and Millennials who knew that they could not have human children, this appears to be very expensive at the top of the housing costs. Some people even report to stay in marriage or a relationship for a longer period than they want because they cannot afford the costs of housing in addition to divorce or living on their own.

Below are sacrifices made by the Americans to bear the costs of housing, according to the RedFin report:

• Go with the parents
• Go with other family members
• He moved with his colleagues in the room
• Go with a romantic partner
• I had to abandon my pet (
• Surrender or reduce university savings for their children
• I decided or delayed having a child
• My child (RN) enrolled in a low -class school
• I moved with my cultivated children
• Dealing to obtain divorce or separation

It appears in more data: It has become the housing market It cannot be affected by Gen Z and MillennialsThe number of home buyers for the first time Decrease to the lowest historical level. The number of home buyers for the first time in 2004 was approximately 3.2 million, according to the NAR joint data with it luck In July Tuesday. By late 2024, this number decreased to only 1.14 million.

“We are witnessing the reshaping of the housing ladder,” Alexandra Gobta told Alexandra and a real estate broker with the Kurkuran Group, formerly, luck. The company was founded by Shark Tank Star, investor, and real estate legend.

“Some buyers resort to the first time for long -term rental models or even participation because the idea of ​​having a house has become far -fetched,” Gobta added, while others depend on the family’s support.

Meanwhile, Americans continue to struggle with housing payments because Wage growth pace It does not match the clip where home prices grow. House prices in the United States more than 50 % higher From what they were immediately before the epidemic, but the income did not increase enough.

To combat this challenge, many younger buyers think of buying (or continuing to rent) with friends or family.

“Young buyers are accredited motivated by necessity and out of determination. They are ready to do everything necessary to build shares and stability, even if that means approaching ownership in ways in which their parents have never thought.” HerbsHe said luck. “A joint purchase is a reflection of the market restrictions and the creativity of this generation.”

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