34% of Gen Z Members Believe They’ll Never Own A Home

Author Hollywood Kyle

April 20th, 2023 8:26 AM

Gen Z is identified as anyone born between 1997 and 2012. Gen Z is the next up and coming consumer group, following Millenials. But the thought of owning a home is becoming less and less feasible for Gen Z members.

During the pandemic, the whole country saw an incredible rise in housing prices, as well as rent. Post pandemic, the houses are still valued the same, yet interest rates are much higher. According to Bankrate and Freddie Mac, 34% of Gen Z members never see themselves buying a home due to financial reasons. Furthermore, about 60 percent of Gen Z members correlate owning a home to achieving the American Dream.

In 2022, the typical first time homebuyer was 36 years old according to the National Association of Realtors, which is the highest age recorded.

The numbers of Gen Z members just doing without home ownership is increasing month by month. It’s due to higher interest rates and higher priced homes. With the generations to come, it will become harder and harder.

10 Signs You Have Bad Lawn Mowing Etiquette

• Guests Disobeying Rules of Neighbors

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  If you're having company over, make sure they are aware of the rules your neighbors have in place.

• Not Cleaning Up Your Yard

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  Keep your yard clear and organized of toys and machines. If you have kids, make sure their things are tidied up to keep the clutter from making a visual mess for your neighbors to look at.

• Not Clean Up Your Trimmings

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  If you leave behind cut grass or trimmings from bushes, make sure to clear them from sidewalks and surfaces.
• Blowing Clippings Towards Street or Cars

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  Many don't realize, but it is actually illegal to blow your clippings into the road or passing cars. It could lead to accidents or damage to vehicles and you can be sued for this. Make sure your lawnmower is not shooting it's clippings on to the road. Furthermore, in the winter, it's similarly illegal to push your snow into the road or shoot your snowblower into the road.

• Mowing During Early or Late Hours

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  If you're going to be noisy, especially on the weekends, make sure you're being respectful of the hours you're mowing or running noisy lawn equipment. People are trying to sleep!

• Ruining A Good Time

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  If your neighbors are out enjoying their patio with company, or they're preparing for a barbecue, maybe hold off on the lawn care. No one wants to scream over each other or worry about a grass leaf getting blown into their drink.
• Spraying Others!

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  Be aware of where your sprinklers spray and their distances. Also take into account where you're spraying any chemicals to keep away pests or improve growth. Neighbors may have pets or may not want pesticides in their own garden.

• Not Communicating with Neighbors

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  A common solution for doing bigger projects is to express your intentions to your neighbor first. Giving them the heads up eases their wonders and expectations in comparison to not telling them and just going for it.

• Letting Your Pets Out and Not Monitoring Gates

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  Keep your gates closed if you have pets. If they get out, there's a potential they could cause harm to others. Also, if you have children, make sure they're not venturing into other yards and disrupting what they have going on.
• Not Respecting Property Lines

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  Without proper permission, make sure you're only mowing or tending to your own property. Know your property lines. Because your neighbor may not want you cutting their grass because they like it a certain way. On the other end, you need to make sure you're cutting all of your property and there's no confusion.

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Author Hollywood Kyle

Category:

• Mix-Mornings
• WJBR