Nearly 30 Percent of Gen Z Living Permanently With Parents Amid Inflation Squeeze

A "For Rent" sign is placed in front of a home in Arlington, Va., on June 8, 2021. Will Dunham/File Photo/Reuters

Amid surging rental prices, nearly 30 percent of Americans born in the late 1990s and early 2000s still live at home with their parents or relatives, according to a new survey.

The survey was conducted by Qualtrics on behalf of Credit Karma, from June 10 to June 15, among 1,022 U.S. adults between the ages of 18 and 25.