Young Homeowners Are Much More Likely Than Young Renters to Say They’re Financially Better Off Than 4 Years Ago
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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Source: Business Wire
Redfin survey shows the gap between homeowners and renters in younger generations is much larger than the gap in older generations SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Just over two-thirds (68.7%) of millennial/Gen Z homeowners say they’re better off financially than they were four years ago—hat compares with just over half (52.2%) of millennial/Gen Z renters, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage.There is a much larger discrepancy between how young homeowners and renters feel than there is between how older homeowners and renters feel. For example, Gen X homeowners were more likely than Gen X renters to say they’re faring better than they were four years ago, but not by much—42.6% vs 38.8%.As recently as four years ago, millennials were considered the “unluckiest generation” given their relatively weak economic standing, but that started to shift during the pandemic. Scores of young Americans bought their first home
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News
- Redfin Reports The Number of Renter Households Is Growing Three Times Faster Than Homeowner HouseholdsBusiness Wire
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RDFN
Earnings
- 8/6/24 - Beat
RDFN
Sec Filings
- 8/28/24 - Form 4
- 8/27/24 - Form 4
- 8/23/24 - Form 144
- RDFN's page on the SEC website