Gen Z Is Already Saving for a Home

More than half of Gen Zers surveyed said they are saving for a home, and 59 percent say they plan to buy a home within the next five years—before they reach the age of 30—according to Bank of America’s Homebuyer Insights Report, which is based on responses from nearly 2,000 people. Further, 71 percent of respondents say they know exactly what they want in their future home.