Gen Z Men Hold Hope for Homeownership Despite Deteriorating Financial Outlook

Despite growing pessimism about their financial future, 68% of Gen Z men in the U.S. still expect to own a home someday, according to recent surveys. This optimism persists even as 59% report their personal finances have worsened over the past year.

A growing disconnect is emerging among Gen Z men between long-term aspirations and short-term financial reality. While 68% express confidence in eventually purchasing a home—consistent with the broader cultural ideal of homeownership—nearly 60% say their financial situation has deteriorated over the past 12 months. This marks a sharp increase from just 37% in 2021, signaling a deepening sense of economic strain. The data reflects a broader trend in household formation and wealth accumulation. Median rent payments for young adults aged 22–27 have risen 42% since 2019, outpacing wage growth by 28% over the same period. Meanwhile, student loan balances among men in this cohort now average $32,400, a figure that constrains saving capacity for down payments. Despite these barriers, 74% still consider homeownership a critical milestone in adulthood. Market implications are emerging. The persistent demand from Gen Z, even amid financial uncertainty, may support long-term housing demand, particularly in markets with moderate price growth and accessible mortgage products. However, refinancing activity and credit availability remain constrained, with mortgage approvals for first-time buyers down 18% year-over-year in Q4 2025. Financial institutions and housing developers are responding with targeted product innovations, including shared equity programs and rental-to-own options aimed at younger demographics. Still, the gap between aspiration and affordability remains wide, especially in high-cost urban centers where median home prices exceed $625,000.