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A trend made more attractive with so many parents still living...

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30/07/24

14:56

Post #: 74983797
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Originally posted by alonso ↑

The US experience
In 1970, just 7 percent of 25 to 35 year-olds lived in their parents’ homes, but as of 2022, that share has more than doubled to 17 percent.When viewed over a long horizon, the share of young adults who live with their parents1 exhibits a U-shaped trend. In 1940, with the Great Depression still close in the rearview mirror, 17 percent of 25 to 35 year-olds lived at home. But in the ensuing decades, the postwar economic boom and rapid buildup of America’s suburbs enabled more young people to strike out on their own. From 1940 to 1960, the share of young adults living at home fell by more than half to 8 percent, and remained fairly stable at that level through 1980.
Living with parents became slightly more common from 1980 to 2000, and from 2000 to today that growth has picked up even more steam. As of 2022 (the most recent Census data currently available) 17 percent of America’s young adults live with their parents, a rate that is more than double what it was during the low period from 1960 through 1980. The likelihood of 25 to 35 year-olds living with their parents has returned to a level not seen since 1940.

:Zero Hedge

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A trend made more attractive with so many parents still living in very large homes
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