Gen Z Is Heading South For More Affordable Homes

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Gen Z Is Heading South For More Affordable Homes
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The generation that grew up during the Great Recession is looking for lower cost of living and home affordability in the places they live.

Gen Z has baffled their elders on everything from fashion, social media and money. But what's one of their most surprising moves yet?The move down South.In 2022, Southern states saw massive migration from other regions, with South Carolina and Tennessee seeing some of the highest numbers, according to a recent analysis from Storage Cafe.

A Sign of the TimesGenerational differences in housing and location desires are usually shaped by dominant events of the times, according to Markus Moos, a professor at the School of Planning at the University of Waterloo.Growing up in the aftermath of the Great Recession, Gen Z saw their parents and siblings struggle financially. They also watched as interest rates climbed and housing prices soared as they were forced to brave an altogether uncertain economy.

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