"Millennials and Gen Z Turn to Co-Owning Homes Amid High Costs"

TL;DR
Co-owning a home with friends or family is gaining traction among younger generations as a solution to housing affordability issues. Companies like Pacaso facilitate this by managing co-ownership agreements and making the process easier. However, some experts warn that it can be complicated and may not be as beneficial as it seems, with potential difficulties in managing and financing the property. Despite skepticism, interest in co-ownership is growing, particularly among first-time homebuyers.
Topics:businessreal-estate#co-ownership#housing-affordability#pacaso#real-estate#real-estate-market#younger-generations
- Is co-owning a home better for your wallet? Real estate experts weigh in Fox Business
- How Millennials and Gen Zers Are Buying With Friends Amid Impossible Home Costs Dwell
- What to consider before co-owning a home The Globe and Mail
- Millennial home buyers: What will they give up to purchase real estate? NorthJersey.com
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