Housing affordability is near its lowest levels in four decades as mortgage rates and home prices have skyrocketed relative to incomes.
But according to Point2, an online real-estate marketplace, there are still areas where young buyers are finding deals.
In building their ranking model, they considered factors like home price-to-income ratios, the local Gen Z unemployment rates, Gen Z homeownership rates, inventory, days on the market, and more.
"Student loans and the rising cost of living means that Gen Z inherited the affordability concern from millennials," the report said.
Below, we've listed the top 20 cities on Point2's index, along with their composite scores, local home price-to-income ratios, and Gen Z unemployment rates.
Persons:
Gen Z, Z, We've
Organizations:
Business
Locations:
Redfin