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A 2017 study found that children who move back in with their parents have notably higher depressive symptoms, and a 2022 report showed that such living situations could cause familial tension.
In fact, 31% of Gen Z live with a parent or family member because they can't afford to rent or buy their own place, a new survey of 1,249 U.S. adults from Intuit Credit Karma finds.
Story at a glance 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 ...
A new report found that 46% of Gen Zers between the ages of 18 and 27 rely on financial assistance from their parents. ... rising cost of living in ... main financial challenges Gen Z faces. ...
In particular, a whopping 87% of adult Gen Z-ers in Raleigh (aged 18 to 25), sometimes known as Zoomers, are still living at home with family members, earning the nation’s No. 1 spot for this ...
The financial institution found 46% of those born between 1997 and 2012 are needing the extra support, and 52% said they didn't make enough money to live the life they want, mainly due to the cost ...
Moving back home with parents might be one solution to save money in the short term. Axios reported that the number of Americans ages 25 to 34 who live with their parents jumped by 87% over the ...
While a large number of adults report living with their parents in order to save money, a recent Fed report shows a significant portion do so to help their parents financially. Among the 14% of ...