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Almost a third of Gen Z live with parents or family
The Hill ^ | 01/12/2024 | Alejandra O’Connell-Domenech |

Posted on 01/12/2024 11:32:41 AM PST by ChicagoConservative27

The rising cost of housing is keeping many Gen Zers from living on their own.

A recent Credit Karma survey of 1,249 U.S. adults found that 31 percent of Gen Z live at home with a parent or other family member.

And this number could go up.

Among Gen Zers that have left the nest, 27 percent told Credit Karma that they can no longer afford their rent.

The struggle to make rent is causing some to reconsider their living arrangements, with 25 percent of Gen Z and millennial renters saying they are thinking about moving in with family or friends to make ends meet.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: family; genz; live; parents
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To: Freest Republican

The Boomer Delusion Regime:

- US dollar is eternal
- stock market will go up forever
- Boomers were brilliant rather than demographically lucky
- ‘Merica, f#ck yeah military will never be defeated.


61 posted on 01/12/2024 2:03:55 PM PST by Reverend Wright ( Everything touched by progressives, dies !)
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To: eyeamok

No kidding !

(actually 30 years ago, thanks to the “Economic Boom” of the 1980’s.)


62 posted on 01/12/2024 2:06:12 PM PST by Reverend Wright ( Everything touched by progressives, dies !)
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To: ClearCase_guy

I agree with you to some extent, but there’s no need for one young adult to “pay $2500 for an apartment.”

The young adult could marry, or get a roommate, and then there’d be two people paying $2500 for that apartment, not one.


63 posted on 01/12/2024 2:06:47 PM PST by olivia3boys (t )
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To: Reverend Wright

Been gone a long time, wasn’t exactly sure when it shut down but I thought it was in the 80’s.

We lived on Blythe St and at lunch time 8PM there was a line of hundreds of people at Thunderbird Liquor on the corner...


64 posted on 01/12/2024 2:09:06 PM PST by eyeamok
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To: Reverend Wright; Freest Republican

I forgot one, especially specific to the BoomerCon Delusion Regime:

-Reagan was great and wonderful, rather that the originator of the current problems.


65 posted on 01/12/2024 2:09:28 PM PST by Reverend Wright ( Everything touched by progressives, dies !)
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To: ridesthemiles

It is stunning to ME (Gen X) how much Gen Z spends on DoorDash. But to each his own. . .if they can “afford” it, good for them.

We all spend our money on things we prioritize, and Gen Z prioritizes DoorDash.


66 posted on 01/12/2024 2:09:35 PM PST by olivia3boys (t )
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To: nopardons

Yes, three of my 4 (Gen Y and Z) young adult kids are conservative and vote GOP. One is a libertarian, and. . .doesn’t. Too bad the 3 conservatives live in a blue state (CA) and so their votes don’t matter much, but unfortunately the libertarian lives in a purple state (NC) when each vote matters a lot.


67 posted on 01/12/2024 2:12:33 PM PST by olivia3boys (t )
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To: Dan C

Yes—but now that so many more people go to college, really “living on their own” is not expected until after undergrad or grad school is completed—meaning mid to late 20s.

My young adult children didn’t “live at home after 18” but that’s because they were away at college, and they DID live at home every summer until they were done with college.


68 posted on 01/12/2024 2:14:31 PM PST by olivia3boys (t )
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To: Dan C

Exactly.

1/2 of Gen Z is over 18. Under 18 it should be a given they are living at “home.”

1/4 of these kids are probably living at college. Some are in the military. Very few would be living out of the “home.”

1/4 of these kids are out of college. Probably a lot of them are living away from the parental home.

I doubt if these numbers are that different than they were for previous generations.

This story is much ado about nothing.


69 posted on 01/12/2024 2:17:42 PM PST by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: FlingWingFlyer; ChicagoConservative27

I moved back to my 80 year old mom’s house last year after my landlady died and the her family needed to sell the house where I was renting a room. There was almost nothing available for rent and my mom appreciates me being her personal assistant / chef /gardener after her husband passed away in 2020. She has been remarkably accepting of my MLP collection and in return I watch The View with her (Yes, I suffer though that train wreck every morning!). I can understand what these kids are going through. Cheap rent and cheap beater cars are a thing of the past, plus the burden of garbage education and nonstop digital distractions. Fortunately, my son excelled in school and now has a good job with the Federal Government, as does his girlfriend. They are currently renting half a house in Michigan.


70 posted on 01/12/2024 2:25:17 PM PST by CtBigPat (There are people in this world who would kill you for a dollar, and the worst wear business suites. )
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To: olivia3boys
Good for you ( well, maybe not re the Libertarian ); you raised your kids well.

Did the Libertarian get "turned" at school and/or through friends?

My progeny and their family are all Conservative. They live in a RED state, so though their votes count, it's sort of the same situation in reverse.

71 posted on 01/12/2024 2:25:28 PM PST by nopardons
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To: Vermont Lt

You just nailed it; well done!


72 posted on 01/12/2024 2:27:06 PM PST by nopardons
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To: Vermont Lt

Tony Manero lived with his parents and one grandma + his little sis who adored him. Daytime work was in a paint store. That wasn’t so bad. He was 19 according to Wikipedia.


73 posted on 01/12/2024 2:30:12 PM PST by DIRTYSECRET
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To: Reverend Wright

Americans live in bigger homes than ever-own every modern convenience and obesity is a health crisis.

unlike let’s say 1972 when material poverty and hunger were rampant.

A delusion is a false fixed belief that is not amenable to change in light of conflicting evidence.

We’re still missing that conflicting evidence but I am buying new suit for the 95,875th dollar funeral.

-not a boomer.


74 posted on 01/12/2024 2:30:27 PM PST by Freest Republican (This space for rent)
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To: Reverend Wright

Don’t be silly denigrating the great one.

Tech was starved for cash.

That “economic boom” which was the computer chip proliferating the globe did not happen coincidentally.

It improved the lives of every man, woman and child on earth. Besides enabling Clinton to cos play economic literacy.

I must’ve missed the posts abt the $1500 IBM PC Jr and folks not owning every modern convenience?


75 posted on 01/12/2024 2:50:08 PM PST by Freest Republican (This space for rent)
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To: ronniesgal

I suspect they didn’t say “when you have your own place” too often.


76 posted on 01/12/2024 2:58:52 PM PST by cyclotic (Don’t be part of the problem. Be the entire problem)
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To: eyeamok

Multi generational families is the norm in most of the world...it used to be that way here.


77 posted on 01/12/2024 3:02:53 PM PST by cherry
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To: T.B. Yoits
You mock them but they didn't vote themselves $34 Trillion in the hole.

They're also not the generation that chose to send our manufacturing, technology, and money to China. However, they are the ones who can't find tech jobs because the previous generations did this.

78 posted on 01/12/2024 3:10:47 PM PST by TwelveOfTwenty (Will whoever keeps asking if this country can get any more insane please stop?)
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To: Seruzawa

A lot of apartments were small and shabby then, but the standard back when I was college-aged was to share an apartment while in or just out of school—and if you couldn’t afford your own room, then to literally have a (bed) roommate in another bed in the same room. (As were most college dorm arrangements at the time.)

That standard still works for minimum-wage earners today.


79 posted on 01/12/2024 3:16:37 PM PST by 9YearLurker
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To: eyeamok

Socrates bedeviled his younger generation, yet somehow, we have bumbled forward into the 21st century.


80 posted on 01/12/2024 3:48:11 PM PST by sergeantdave (AI is the next iteration of a copy and paste machine.)
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