Posted on 07/30/2015 10:51:33 AM PDT by BenLurkin
Even though there's about 3 million more Americans in the 18-34-age bracket today than there was in pre-recession 2007, there are fewer millennials living independently in 2015. About 42.2 million young adults ran their own households in 2015, down from 42.7 million in 2007.
"This may have important consequences for the nation's housing market recovery, as the growing young adult population has not fueled demand for housing units and the furnishings, telecom and cable installations and other ancillary purchases that accompany newly formed households," the report notes.
(Excerpt) Read more at nola.com ...
Where is ‘here’?
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