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According to Pew for the first time since 1940 more American young adults are living with the their parents than in any other living arrangements.
I imagine a lot of this increase (and the study agrees) is a rise in the cost of living and the fact that marriages are either taking place a lot later than they used to or not at all. This can either be a positive or negative thing, on the upside it means a lot of young adults are choosing to stay at home and save money but on the other hand young adults are being forced to live with their parents because the cost of living as made it unaffordable for young adults to live away form home. Personally, I have no choice but to live away from home but many others have the choice.
What do you think about this new trend?
Broad demographic shifts in marital status, educational attainment and employment have transformed the way young adults in the U.S. are living, and a new Pew Research Center analysis of census data highlights the implications of these changes for the most basic element of their lives – where they call home. In 2014, for the first time in more than 130 years, adults ages 18 to 34 were slightly more likely to be living in their parents’ home than they were to be living with a spouse or partner in their own household.
I imagine a lot of this increase (and the study agrees) is a rise in the cost of living and the fact that marriages are either taking place a lot later than they used to or not at all. This can either be a positive or negative thing, on the upside it means a lot of young adults are choosing to stay at home and save money but on the other hand young adults are being forced to live with their parents because the cost of living as made it unaffordable for young adults to live away form home. Personally, I have no choice but to live away from home but many others have the choice.
What do you think about this new trend?
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