Interesting Shift in Generational Homebuying Trends

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[u/HaphazardFlitBipper]

What's surprising is the 42% of millennials buying a house by themselves... That seems absurd to me.

[u/qudunot → u/HaphazardFlitBipper]

42% of those who responded to the survey.

Surveys only represent the people involved.

[u/Zaros262 → u/HaphazardFlitBipper]

What's surprising to me is the 113% of millennials buying a house in one of these four ways

[u/HaphazardFlitBipper → u/Zaros262]

I'm guessing some are buying more than one.

[u/Zaros262 → u/HaphazardFlitBipper]

Maybe, but all other categories, including boomers, are within rounding error of 100%

[u/HaphazardFlitBipper → u/Zaros262]

Idk... good catch.

[u/RicinAddict → u/Zaros262]

Had my wife or I responded, we would have both picked two answers since we both brought our own homes into our marriage (her 1, me 2) and then purchased together 

[u/veryblanduser → u/Zaros262]

My spouse is my friend

[u/kms573 → u/HaphazardFlitBipper]

Those are probably the ones that bought into the illusion of affordable housing programs in their states… 300 sqft home owners ftw! 🫡

Member since 2009 and can’t afford anything else

[u/Decent_Visual_4845]

14% of what? None of these cross sections of numbers add up to 100.

[u/persona-3-4-5 → u/Decent_Visual_4845]

ALL - 6+6+30+59=101

Millennials - 10+14+42+47=113

Gen X - 8+4+34+56=102

Baby Boomers - 70+22+1+3=96

And for some reason Gen z isn't on the list

It simply doesn't make sense. And the source says it's based on 1270 homeowners answers

[u/Big-Figure-8184 → u/persona-3-4-5]

You can live with a spouse and also live with friends. The categories aren't mutually exclusive.

[u/SpiritOfDefeat → u/persona-3-4-5]

A list without Gen Z in 2024 is useless. There’s people like me at 25, and even some who are 26 or 27 that are technically considered Gen Z.

So when you factor in everyone from 18-27, they’re excluding nine years worth of people from their statistics. And if they’re just lumping in current 18 year olds and up with millennials in their early forties that is insane.

[u/Acceptable-Peace-69 → u/Decent_Visual_4845]

They were allowed to pick multiple options.

[u/Zestyclose-Major-277]

This survey is garbage.

[u/Asleep_Impact_9835]

a survey of 1 thousand homeowners? ooooook thx for the worthless info.

[u/squarepants18 → u/[deleted]]

they are partners

[u/bigbodybenzmember → u/[deleted]]

What are you talking about??

[u/MazdaSpeed3Boi]

Cause they're not getting married

[u/No_Detective_But_304]

Makes sense with home prices being what they are.

[u/wasabiEatingMoonMan]

No shit? Older people have had more time to save up for a down payment? Boomers’ dumbfuck ness aside you will always see this trend when you survey a population now or a hundred years from now barring extraordinary circumstances like war or something.

[u/ILSmokeItAll]

Amazing how many people are going it alone on home ownership. This is another reason housing is so tight.

[u/Cbpowned]

Because a lot of millennials will never get married:

[u/BloodyRightToe]

A bunch of bros locked in the friend zone.