Tag Archives: Bank of America Institute

Cities in the Sun Belt have seen massive growth year-over-year as both median rent payments and median mortgage payments rose by over 20%.

A new study from Bank of America revealed 73% of Gen Z reported that the current economic environment has made it more challenging to save. Many respondents said inflation has created even more financial stress, while surging rents or home prices have made it harder to afford day-to-day necessities.