Priced Out of Independence: Gen Z Forced to Delay Adulthood Due to High Housing Costs
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Gen Z is living with parents longer due to high rents and home prices. Over half of 18-24 year olds in the US live with parents.
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This saves money but delays milestones like moving out and buying a home. Research shows those who stay home longer are less likely to be homeowners later.
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Living at home can cause tension and depressive symptoms. It hinders feeling fully adult.
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Life milestones like marriage and home ownership are being pushed back a decade compared to previous generations.
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Gen Z feels forced to stay home by economics unlike past stereotypes of laziness. Adulthood is starting much later.