Monday, November 23, 2015

Kolko: "Why Millennials Still Live With Their Parents"

Some excellent research from Jed Kolko: Why Millennials Still Live With Their Parents This morning the Census reported that more young adults are living with their parents in 2015 than during the recession. Despite widespread expectations (including my own) that young people would move out as the job market recovered, they are not. The share of 18-34 year-olds living with parents was 31.5% in 2015, up from 31.4% in 2014. (These Census data are from March of each year. See note at end of post on data and methods.) ... After dropping a bit from the late 1990s to the early 2000s, the share of......(read more)
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