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Generation Z is actively participating in the labor force but is facing significant economic challenges that delay traditional milestones such as homeownership and starting families. Rising housing costs and interest rates have made it increasingly difficult for young adults to achieve financial independence, with the median age of first-time homebuyers reaching a record high of 38 years old.
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Generation Z is actively participating in the labor force but is facing significant economic challenges that delay traditional milestones such as homeownership and starting families. Rising housing costs and interest rates have made it increasingly difficult for young adults to achieve financial independence, with the median age of first-time homebuyers reaching a record high of 38 years old.
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Gen Z is working hard, but the economy is putting the American dream out of reach for many
Economic Challenges Affecting Generation Z's Pursuit of the American Dream