Translation in order to suggest The Hill article is spin....
Gen Z -- "it's all I can afford," so yeah, I "prefer" renting because it's all I can afford....
Hardly proof of renting being a "better option" when you can't afford the option and so, therefore, it ISN'T an option.
The TOP reason is you can't afford another option. FJB.
“Hardly proof of renting being a “better option”
Indeed it isn’t. For one thing, if renting is better than current owners would be dumping their properties for low prices. Instead they are asking sky high prices.
Couldn’t builders be building cheaper homes? Maybe they are. I don’t fully understand home pricing. It must have a lot to do with the income of the non-owners.