Why homeownership feels impossible for Gen Z

Gen Z is facing unprecedented challenges in achieving homeownership, with skyrocketing prices, high mortgage rates, and a severe shortage of affordable homes making it nearly impossible for many young people to buy their first property. Unlike previous generations, they're contending with a housing market shaped by complex economic forces that include global supply chain issues and a post-pandemic real estate boom. This situation is not just about housing; it's reshaping the American Dream for this generation, potentially delaying family formation and wealth accumulation.