91% of young adults in the survey do not prioritize home ownership due to financial barriers.

A recent study reveals that 91% of 18 to 30-year-olds no longer prioritize home ownership due to financial barriers. Among 1,000 surveyed, 45% have delayed their dream of owning a home, while 63% prefer spending their earnings over saving for a mortgage. Additionally, 58% doubt they can buy property on their own, and 23% feel their salaries are insufficient for mortgage affordability.

September 27, 2024
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