The Housing Market's False Premise: Gen Z's Wishes Won't Make It Crash The latest trend among young adults is the desire for a housing market crash, with 58% of Gen Z wanting to see home values plummet.
However, experts are quick to dismiss this notion, pointing out that the current market correction is not a harbinger of doom.
Hoby Hanna, CEO of Howard Hanna Real Estate Services, emphasizes that today's housing environment is fundamentally different from 2008, when lax lending practices and excessive home equity contributed to the financial crisis.