They either have to live with Mom and Dad or get an apartment with several roommates. Neither one is very appealing. When they do work, though, they tend to be lazy, scatterbrained, and call in sick a lot. It was different when I was young. We could get apartments more cheaply, but then we had bills to pay, so we darned well had to buckle down and be good employees. In a way I feel sorry for young people today, in a way not.
It doesn’t bode well for many.
I also hear many are charging up debt with zero intention to pay a penny back.
I expect serious economic issues to occur sooner than later in banking.
Interesting times.