Americans are sacrificing a lot just to be able to afford a roof over their head.
According to a recent Redfin survey, more than 44% of U.S. homeowners and renters said they struggle to afford their mortgage or rent payments. And because of that, they’ve been forced to forgo dining out at restaurants and taking vacations.
But what’s more alarming is they’re delaying major life milestones like getting married and having children. That’s according to a Redfin-commissioned survey conducted by Ipsos in May of more than 4,000 U.S. homeowners and renters. That curtails with previous reporting from Fortune showing how high housing costs and other life expenses have forced Gen Z and millennials to delay the American Dream.
“We’re shining a light on [these homeowners and renters] because they speak to the lengths people go to make their housing payments,” according to Redfin.
Even though having pets became somewhat of the new craze for Gen Z and millennials who knew they couldn’t afford to have human children, that’s seemingly become too expensive on top of housing costs. Some people even report staying in a marriage or relationship longer than they wanted because they couldn’t afford housing plus a divorce or to live on their own.
