25% of Gen Z pet owners surrendered pets due to affordability, according to a Lending Tree report.
A Lending Tree report reveals that Gen Z pet owners are particularly impacted by financial constraints, with 25% having surrendered pets due to affordability. Additionally, 23% have considered becoming petless, and 39% do not plan to own pets again. Financial consultant Eric Wilson offered advice on managing unexpected pet care costs. This trend is also reflected in a decrease in animal adoptions from US shelters this year.
September 01, 2024
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