Something interesting;
France Gen Z unemployment rate: 7%
Belgium: 15%
Canada: 20%
Colombia: 27%
Spain: over 30%
By all means, statistics straight up say that people around that age are rejecting work entirely. How is this done?
Apartments with 8 or so people squeezed in. Vans/mobile. Living with parents, sure. Especially vans, though. A lot of people I went to high school with saved up for an RV or trailer-esque system. All though, the area was poor as shit.
Is this sustainable? No. But it’s cheaper than attempting to pay over a thousand dollars a month. Some are straight up trapped at home; even when working a trade some areas have such ridiculous rent that people are rejecting it entirely because they couldn’t afford car insurance (incredible rates for Gen Z) on top of having to pay bills and food. No wonder electric bikes have seen a surge in popularity; not only for younger people.
How do you think this will play out in the future?
Living with their parents mostly is my guess. A lot of the gen z folks that I work with still do this even though they can afford not to.
Yeah, their parents are millennials and older zoomers. I don’t see the bulk of either generation tossing their kids out just cus like the boomers and xers. America goes back to multigenerational housing like most of the world