Big Problem – 52% Of Young Adults Now Live With Their Parents
Why are we burdening young adults with an economic recession they didn’t cause?
I don’t think there are too many young adults dreaming of putting their lives on hold by being forced into moving back home. And as much as parents love their adult children, I don’t think there are too many parents excited by the idea of unexpectedly having to house and financially support their adult children, in some cases, for years. Yet, that is exactly what Pew Research says is happening today.
In a recently released research article, Pew Research estimates the majority of young adults (between 18 and 30 years old) now live at home with mom and dad. According to Pew, we haven’t seen numbers this bad since the 1940s. In fact, the only other time in history more young adults have lived at home with their parents was during the Great Depression.
On the surface, it might not sound like such a big deal, but vast numbers of adult youth moving back home to live with mom and dad is much more than a…
