Gen Z paid more than millennial predecessors but would still rather stay at 'hotel of mum and dad' than pay sky high rents or mortgages

Gen Z paid more than millennial predecessors but would still rather stay at 'hotel of mum and dad' than pay sky high rents or mortgages

Despite earning more than millennials, Gen Z is choosing to live with their parents rather than face astronomical rent and mortgage prices. This trend highlights the ongoing housing crisis and the financial strain on younger generations. It underscores a shift in societal norms, as many prioritize affordability over independence. This could have broader implications for economic growth, as younger people delay major life milestones like buying homes and starting families.

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