See how Phoenix and Tucson buyers fare
Robert Demeter | PropertyShark
In the age of renters, buying a home for some is only a distant dream. Most of the younger generation is mired in student loan debt and stuck paying high rents, with slim chances of saving even a penny for a down payment. Homeownership is especially hard for graduates that remain in high-cost cities after completing their studies.
Luckily, if you’re not too attached to the big city life, the right job in the right place can do wonders for your quest to save for a down payment. Many Gen Z-ers intend to buy a home within the next 5 years, and whether this is blind optimism or not, sooner or later the realization will come that saving money is not an easy task.