Login
ISCOVER
As Generation Z enters into home buying years, it could be worthwhile for brokers to take the time to understand this demographic in preparation for assisting future customers. Tas Bindi speaks to industry professionals about the expectations and preferences of the next generation of home buyers.
What does the future home buyer look like? According to economists, they could look much different to how they do today. A spate of reports issued recently have warned that there is a growing intergenerational divide in access to the housing market. There are many contributing factors to the widening housing wealth gap — such as slow income growth, cost of living pressures and high mortgage repayment costs — particularly for borrowers that were provided with mortgage prior to regulatory tightening by the Australian Prudential Regulation Authority.
This content is available exclusively to
The Adviser premium members.
JOIN THE DISCUSSION