Over a quarter of Gen Z say they’d choose their dream home over their dream job—and they’re moving back in with mom and dad to make it happen

A significant 28% of Gen Z adults have stated they'd prioritize their dream home over their dream job, as suggested by recent Harris Poll data commissioned by Coldwell Banker Real Estate. Despite the rising cost of living, a staggering 92% of Gen Z who haven't bought a home still aspire to do so. To tackle this affordability crisis, a quarter of Gen Z have moved back in with their parents to save for a home, with more than three-quarters either already doing so or considering it.

This trend shows that Gen Z is increasingly putting off traditional milestones of adulthood, viewing living with family as a practical and culturally accepted way to achieve financial success.

Mary Lee Blaylock, president of Coldwell Banker Affiliates, noted that homeownership remains the milestone that signifies having 'made it' for most Americans. Despite homeownership appearing elusive, it's still a vital achievement for many. Even more, 85% of Gen Z and 82% of millennial parents are already saving for their child's home down-payment. This financial planning reflects the collective understanding of the importance of homeownership in building a stable life.

In 2025, 25.2 million U.S. adults under 35 resided with their parents, a phenomenon that's nearly tripled since the pandemic. While this doesn't imply unemployment and financial dependence, the truth is that approximately 70% of 25 to 34-year-olds still living with their parents are employed and actively contributing to household expenses.

The current median home price of $430,000, up 34.4% from 2019, coupled with a 17.9% rise in average monthly rent to $1,673, coupled with a housing shortage of about 4 million homes, highlights the affordability crisis faced by younger Americans. Consequently, many are postponing their move-out plans due to their meager salaries, job instability, and lack of savings.