Young people may be financially impacted by not getting to know their neighbors. According to a new survey by the American Enterprise Institute, only 25% of 18-29-year-olds say they speak with their neighbors at least a few times a week, down from 59% in 2012. Some say this loss of social connection with their neighbors could actually be doing more harm to Gen Z’s financial mobility than they realize. Strong community ties tend to be linked to more affordable housing and better job prospects. One Gallup poll shows that people who lack a collaborative environment or reliable neighbors are less likely to be doing well financially and feel less confident in their ability to work through economic circumstances. (Fortune)
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