Bloomberg Law
Free Newsletter Sign Up
Bloomberg Law
Welcome
Go
Free Newsletter Sign Up

Inflation is Making Gen Z’s Transition to Adulthood a Brutal One

May 20, 2022, 4:00 PM

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.

“Inflation is challenging for younger generations because they have to bear all the costs of inflation, but don’t necessarily own the assets that will help their balance sheet keep pace with inflation,” said Jeff ...