Report lays out wealth, housing gaps facing LGBTQ+ Gen Z

A report released by the LGBTQ+ Real Estate Alliance says LGBTQ+ members of Gen Z may face greater obstacles than heterosexual peers in building wealth, advancing in their careers and achieving homeownership.

The organization, which represents about 3,000 members, released its sixth annual LGBTQ+ Real Estate Report this week as it convened its annual “There has been so much discussion about the wealth gap that exists in our nation and the potential lack of access to homeownership. As the number of young adults self-identifying as part of the LGBTQ+ community has risen to nearly 25% of the entire Gen Z population, we wanted to explore how this group may fare in the future,” said According to the report, a majority of respondents believe heterosexual individuals are more likely to receive promotions, reach senior leadership roles and accumulate wealth.

The report also found differences in expectations around financial support from family and the timing of homeownership.

Key findings include that 78.9% of respondents believe heterosexual individuals are more likely than a similar