Generation Z renters will spend more money on rent before they buy a home than any previous generation, according to a report from HotPads.
Gen Z will spend an average of 11 years renting before becoming a homeowner, one year less than millennials.
The top four cities where Gen Z renters are projected to spend the most money on rent are all in California.
It's no surprise that rent is more expensive for millennials than it was for baby boomers.
But soaring rent costs will hit Generation Z the...