Gen Z pays more for housing and has more debt than millennials did 10 years ago. That will likely impact the presidential race.

• Gen Z pays more in housing costs than millennials did a decade ago, according to WaPo.
• In an economy battered by inflation, higher costs have created economic uncertainty for Gen Z.
• In 2020, Biden easily won young voters. But he now faces a tougher challenge to win them over.

During the Great Recession and much of the 2010s, millennials bore the brunt of one of the biggest economic upheavals in generations.

A tough job market — where layoffs and high unemployment sidelined many budding careers — defined the earliest stages of adulthood for many millennials.

More than a decade after the Great Recession and over four years since the beginning of the COVID-19 pandemic, Gen Z is now enduring its own economic challenges.