Living
Why Inflation Is Hitting Gen Z Particularly Hard
Rising prices, plunging stocks and surging rents are making it a difficult time to enter adulthood.
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Entering adulthood is hard, and inflation is making it even more difficult.
The biggest jump in prices in four decades is greeting Gen Z just as they’re graduating from college, moving out on their own and starting their first jobs. Add in real estate prices that have put home ownership out of reach, plus stocks suddenly cratering after two years of gains, and it’s a brutal welcome to the real world.