Did you Know · 72% Of Gen Z Would Rather Rent

Did You Know?

A national survey of more than 2,000 renters found that 72 percent of Gen Z renters believe renting is a smarter and more financially sound choice than homeownership.

This generational shift reflects today’s economic realities, including elevated home prices, higher interest rates, student debt, and a preference for flexibility near jobs and amenities. For fast-growing regions like Charlotte, this trend reinforces the importance of maintaining a diverse and sufficient supply of rental housing to support a growing and mobile workforce.

To read more, check out this article on NAA's website.