Younger Americans don't want to have children in today's economy, housing market: study

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Millennial and Gen Zers are reluctant to start a family due to financial worries, new studies in the U.S., Canada and Australia have found.

Fewer Gen Zers and younger Millennials are choosing to have children, citing financial hardship as their main concern, recent studies have found. A new survey of Gen Zers in the U.S. and Canada found 4 in 10 young people said they will delay marriage and parenthood. Just 38% said they hope to get married and have children over raising a pet due to financial stress, Newsweek reported, citing the data collected by Best Ontario Casino Sites.

A new survey conducted by real estate website Redfin found that housing affordability is the most important issue among adult Gen Zers, with 91% of the voting group aged 18 and older citing the issue as a deciding factor for who they will support this November. Both President Biden and former President Trump have made an effort to court young voters ahead of Election Day.

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