A recent report from Zillow says 44% of Americans would buy their childhood home if cost were not an issue, however, only about half said they could afford it. Interestingly, Zillow says an even larger share of millennials and Gen Z adults would buy their childhood home – suggesting that the nostalgia craze has reached housing.
“It appears younger generations aren’t just nostalgic for low-rise jeans and Barbie, but for a simpler time in their lives when home was a place of comfort and safety…They may associate positive memories with their childhood home, having lived there without the burdens of rent, mortgage payments, maintenance, insurance or other housing hurdles…” Said Manny Garcia, a senior population scientist at Zillow.
Click here to read the full report at Zillow.
