Gen Z's Top 5 Costliest Cities for Rent: Three in One State

TL;DR Summary
A Zillow analysis reveals that nearly 60% of Gen Z renters are 'rent-burdened,' spending over 30% of their income on housing, with San Diego, Los Angeles, Sacramento, Orlando, and Miami being the most affected cities. This financial strain complicates long-term financial planning for young professionals. To mitigate costs, experts suggest negotiating rent, finding roommates, and searching for rentals during off-peak seasons. The situation highlights the need for more affordable housing in high-demand cities.
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
4 min
vs 5 min read
Condensed
91%
832 → 73 words
Want the full story? Read the original article
Read on CNBC