This is the
Millennial generation of kids born from 1981 to 1996. This group was hit hard
by a bad economy and high education costs. Many did minimum wage jobs and could
not afford to live on their own. That group is covered in the article below:
The share of American
young adults living with their parents is the highest in 75 years, By Dan Kopf, 4/10/18.
Parents in the US cannot get rid of their kids.
The share of young adults in their late 20s living with their parents is the
highest it’s been in 75 years.
According to a recent study by the Pew Research
Center, 33% of 25-29 year olds lived with their parents or grandparents in
2016. This is almost three times as many as in 1970.
The share of young adults who don’t leave the
nest has steadily increased in recent decades, and accelerated after the 2008
financial crisis. Across education levels, race, gender, and region, no group
has been immune from the trend.
Pew’s researchers think late twenty-somethings
are boomeranging back home because, in contrast to previous generations at this
stage of their lives, they are less likely to have a well-paying
job and less likely to be married. It turns out that no job and no partner
makes living with your parents a lot more appealing.
Sign me up
Norb Leahy, Dunwoody
GA Tea Party Leader
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