Major obstacles to saving for a down payment among American homebuyers 2022, by age
Childcare expenses were the biggest obstacle delaying American homebuyers from saving for a down payment, a July 2022 survey among recent homebuyers found. About 13 percent of respondents found saving for a down payment was the most challenging part of the process, with over one third pointing out childcare expenses as the leading reason. Meanwhile, the youngest group of homebuyers reported student loans and credit card debt as the biggest obstacles.