Co-Buying Real EstateOct 3, 2025Continuing to learn from the NPR series Cost of Living: The Price We Pay, there is an article “Why friends are teaming up to buy homes” which highlights the economic realities of the next generation in 2025. Some of these stats are (unfortunately) expected given conventional wisdom, but the scope / scale of them is what surprised me.“Several housing industry reports from 2024 found that about 15% of homebuyers bought their home with a friend or relative.” It’s really, really hard to purchase a home on your own, especially if you are single (two incomes obviously help), so it makes sense that more folks are turning to their closest circles to help them get into a property. Families helping themselves. Friends helping friends. Communities helping each other.The generational breakdowns are even more stark: “Millennial homeowners were more likely to have purchased a home with one or more friends (14%) than Gen X homeowners (4%) or baby boomer homeowners (1%), according to a 2024 survey from the consumer finance company Bankrate. And a 2024 report from the insurance agency JW Surety Bonds found that 70% of Generation Z is willing to co-buy with a friend, the highest of any generation it surveyed.”The trendlines are clear: more and more of the next generation needs help buying a home. We can do this, at scale, one family at a time. We can help each other move forward…
Co-Buying Real EstateOct 3, 2025Continuing to learn from the NPR series Cost of Living: The Price We Pay, there is an article “Why friends are teaming up to buy homes” which highlights the economic realities of the next generation in 2025. Some of these stats are (unfortunately) expected given conventional wisdom, but the scope / scale of them is what surprised me.“Several housing industry reports from 2024 found that about 15% of homebuyers bought their home with a friend or relative.” It’s really, really hard to purchase a home on your own, especially if you are single (two incomes obviously help), so it makes sense that more folks are turning to their closest circles to help them get into a property. Families helping themselves. Friends helping friends. Communities helping each other.The generational breakdowns are even more stark: “Millennial homeowners were more likely to have purchased a home with one or more friends (14%) than Gen X homeowners (4%) or baby boomer homeowners (1%), according to a 2024 survey from the consumer finance company Bankrate. And a 2024 report from the insurance agency JW Surety Bonds found that 70% of Generation Z is willing to co-buy with a friend, the highest of any generation it surveyed.”The trendlines are clear: more and more of the next generation needs help buying a home. We can do this, at scale, one family at a time. We can help each other move forward…
Continuing to learn from the NPR series Cost of Living: The Price We Pay, there is an article “Why friends are teaming up to buy homes” which highlights the economic realities of the next generation in 2025. Some of these stats are (unfortunately) expected given conventional wisdom, but the scope / scale of them is what surprised me.“Several housing industry reports from 2024 found that about 15% of homebuyers bought their home with a friend or relative.” It’s really, really hard to purchase a home on your own, especially if you are single (two incomes obviously help), so it makes sense that more folks are turning to their closest circles to help them get into a property. Families helping themselves. Friends helping friends. Communities helping each other.The generational breakdowns are even more stark: “Millennial homeowners were more likely to have purchased a home with one or more friends (14%) than Gen X homeowners (4%) or baby boomer homeowners (1%), according to a 2024 survey from the consumer finance company Bankrate. And a 2024 report from the insurance agency JW Surety Bonds found that 70% of Generation Z is willing to co-buy with a friend, the highest of any generation it surveyed.”The trendlines are clear: more and more of the next generation needs help buying a home. We can do this, at scale, one family at a time. We can help each other move forward…
Continuing to learn from the NPR series Cost of Living: The Price We Pay, there is an article “Why friends are teaming up to buy homes” which highlights the economic realities of the next generation in 2025. Some of these stats are (unfortunately) expected given conventional wisdom, but the scope / scale of them is what surprised me.
“Several housing industry reports from 2024 found that about 15% of homebuyers bought their home with a friend or relative.” It’s really, really hard to purchase a home on your own, especially if you are single (two incomes obviously help), so it makes sense that more folks are turning to their closest circles to help them get into a property. Families helping themselves. Friends helping friends. Communities helping each other.
The generational breakdowns are even more stark: “Millennial homeowners were more likely to have purchased a home with one or more friends (14%) than Gen X homeowners (4%) or baby boomer homeowners (1%), according to a 2024 survey from the consumer finance company Bankrate. And a 2024 report from the insurance agency JW Surety Bonds found that 70% of Generation Z is willing to co-buy with a friend, the highest of any generation it surveyed.”
The trendlines are clear: more and more of the next generation needs help buying a home. We can do this, at scale, one family at a time. We can help each other move forward…