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 ...
I am 84.
I bought a used Buick wagon in 1981.
I have driven that car for over 42 years——OVER HALF OF MY LIFE——
These kids spend $$$$$$ with absolutely NO IMPULSE CONTROL.
mom probably wants them at home.
OTOH...my GODson and his friends are Millennials and none of them fit the complete picture painted of ALL Millennials. They all have good jobs, are married, have at least 2 children, own a house, save money/have IRAs, and most are GOPers.
I’ve been doing extensive genealogy research on my family tree. One of the things that has jumped out at me in looking at census documents back in the early 1900’s (and prior) was how many young adults back then lived with the “head of household” well into their 20’s. While I’m not dismissing concerns / criticisms about a portion of the current generation entering the job market (I have been doing hiring for 30+ years and I have seen firsthand examples of entitled mindsets or unrealistic expectations definitely on the rise) but I do also think the presumption that kids should be on their own by 18-20 is a phenomenon that is somewhat unique in the past couple of generations based on my own ancestry research.
This is just one of the first stages of reducing the standard of living to levels required by the debt and de-industrialization.
If one can’t make it here, they can’t make it anywhere.
Few excuses have merit in the land of boundless opportunity.
They seemed to have grasped victimhood is easy and achievement is difficult and can be fleeting.
Again, this time is not different and our existence is hardly new and novel.
My ancestors/ the same. Big groups living together in the Bronx. Married. Children. Etc. All working. Firefighters, bricklayers. The generation born before and during WWII started going to college Back in Ireland a few went to college - lawyers. Engineers
The census showed who lived there plus I heard stories. The census questioned what language they spoke and when did they apply for citizenship
The rising cost of housing is keeping many Gen Zers from living on their own.
But they can buy a $1400.00 I phone and other must need items huh.
Don’t bother me any more, psycho.
Gen Z folks living up to their real name ... Gen Zero
According to FR TOS, posters are allowed to reply to all comments on a thread.
I have never before posted a comment to you, so just WHAT is your problem with a factual reply?
When I moved out at 17 in 1978, it wasn’t easy then either. My brother and I drove cheap ass cars and motorcycles and ate bean and cheese burritos, lived in a crappy apartment in the worst part of Van Nuys, right across the street from the GM Assembly plant. And remember this was in the heyday of Jimmy Carter and his money printing spree.
CRYBABIES
I’m Gen X and I have three Gen Z kids. (And one Gen Y kid.)
None of my kids live at home because they were raised with the expectation that they would not live at home after 18 unless an emergency and then only briefly.
But after college, some of them did live with their GRANDPARENTS for a while (a few months), helping them with chores while they looked for their first post-college job. Then they moved out to rent a room in an apartment, with roommates.
One got married right after college. If more Gen Z kids married, there wouldn’t be so many living with parents. Two incomes helps pay that apartment rent.
What I’ve observed from my friends who allow their Gen Z kids to live with them: even if the Gen Z kid is employed, polite, paying rent, and helping with chores (and often they aren’t any of those), they still don’t seem to quite “grow up” or thrive.
Young 20-something adults thrive on a little independence and freedom I think. To afford moving out, they need to either marry or rent a room with roommates.
“... right across the street from the GM Assembly plant. ...”
How is that plant doing today ?
Are they hiring, like in the 1970’s ?
I agree with you that too many Freepers seem to rag on Gen Z kids. Is the average age of a Freeper now 80?
Maybe there are Gen Z Freepers. We’ll need them to keep this website going after all!
I’m Gen X and I love my three Gen Z children (but no they don’t live with me).
Agreed. Marriage AND a job (if married, that means two incomes) is the key to affording to move out of the parental home.
I don’t think Dr. Spock is to blame here, anymore. The (majority) single parent households (ie, a single mom, likely on welfare) now raising Gen Z likely don’t read anything at all. They’ve never read Dr. Spock or really anything else.
The problem is much deeper than Dr. Spock.
We all remember when we started out (or started over) and money was tight and we rented a room with a friend and slept on the floor or a couch or a simple mattress, etc. One advice columnist actually slept on a door when starting out.
Now, imagine these conditions going on forever with no relief in sight. I suspect that’s what these kids are actually facing today.
You are correct
Torn down 40 years ago
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