"The Financial Impact of Gen Z Living with Parents"

1 min read
Source: Business Insider
"The Financial Impact of Gen Z Living with Parents"
Photo: Business Insider
TL;DR Summary

More young adults, particularly from Generation Z, are choosing to live with their parents due to the high cost of living and housing. Skyrocketing housing costs and stagnant wages have made independence a luxury that many young people simply can't afford. While this decision may make financial sense in the short term, it can have long-term consequences, including delaying important life milestones and causing emotional strain. The trend reflects a shift in the concept of adulthood, with emerging adulthood becoming a new life stage characterized by delayed responsibilities and independence.

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