What is 'co-buying,' Gen Z's new homeownership hack?
(NewsNation) — In a housing market where rising costs have driven the median age of homebuyers to 56 years old, many younger Americans are turning to a new strategy to buy their dream homes: partnering up, platonically, with friends.
This tactic, known as "co-buying," is becoming increasingly popular, with one study saying nearly 15% of Americans have purchased a home with someone who is not a romantic partner and that 70% of those in Gen Z would be willing to do so.
Homebuying experts say co-buying is a viable option for many but not without its risks.
1 in 5 homebuyers willing to sacrifice safety for affordability"Because it's a shared........
