Why is Gen Z having such a hard time?

92% of Gen Z folks are stressed. 47% think of hopelessness. Why is this happening?

Is it because things like Gas, Food and housing are so expensive? I read that many
Gen Z people are still living with their parents after 18. What is it that has them so
worried? Is it the climate? social media?

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ElwoodBlues · M

The current economy is very different from when you and I were starting out in the labor force. We bought a house or condo ASAP because we knew it would accumulate value. Gen Z literally can't.

Housing prices and rental rates have soared, making it more difficult for Gen Z to purchase homes or afford rent. For example, the median home sales price in 1973 was $37,202 (adjusted for 2023 inflation), while in 2023 it was $410,000

Generation Z has roughly 72% less purchasing power than baby boomers did in their 20s.

Source: https://www.consumeraffairs.com/finance/comparing-the-costs-of-generations.html

American workers have steadily increased their productivity, but their pay (real wages means corrected for inflation) stopped growing around 1980.

DogMan · 61-69, M

@ElwoodBlues I agree, it was easier for us, but they need to be smarter. Trades people will be making the big bucks
in the future. The military is a great way to start. You can learn many trades and get paid to do it. You can also get
money for college. Many of them are working jobs like fast food and other nowhere jobs, that do NOT and will Not
pay a livable wage.