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 ...
The “height of the recession” as defined by whom?
this is a covert depressiom/
covert ....n that..... None Dare Call It Depression
NO JOBS?...................
They were raised and educated by the government and believe in socialism or as I like to call it, mooching.
Just a guess...it is cheaper to wait until the older generation passes and leaves you property. That, and it is hard to finance a home (a matter of 15-30 years)when you have to change careers every 3-7 years.
What sets us apart, I believe, is that we never made it too comfortable for our children at home. Rules and curfews had to be obeyed. Participation in chores was mandatory (yard and home). Only one TV is allowed in the house, in the common room. No video game systems ever. Not that our home was ever unpleasant for them but most young people would find it rather boring and constrictive.
When they became adults and got out of school, we charged rent. Not just a token rent either. What they didn't know at the time was that my wife and I put that rent in a separate account to use for them in case they ever needed money (such as repairs on a car or security deposit on an apartment).
So even the few times they did come to us for money, we simply took it from the money they already paid us for rent.
They love their apartments because they can have television and video games wherever they want it, stay out as late as the want and not have to pick up after themselves. They would only move back in with us as a last resort. But we get along just fine and when they come to visit us, we treat them like kings.
I think parents in general make it too comfortable for their adult children to live at home. Why would they ever move out?
Because their parents indulge them.
Uh, because you are all delusional and it just takes some eyeballs and rudimentary math skills to see it just is getting worse.
Are they Americans?
Are they Muslims from Obama's favorite war torn Muslim countries?
Are they illegal aliens?
I would generally agree with you but my daughter and grandson moved in with me for about five years. Then my daughter was killed in an auto accident. During those five years we became best friends and, although there were some trying times and some adjusting by everyone, I wouldn’t trade that time with her for anything else on earth. Really look forward to seeing her in heaven again in a few years.
Look at the level of debt most college age mill’s have. Then look at the starting job market.
I am surprised that more of them aren’t living at home.
Considering everything, this is really a stupid question.
Because Obama lied. End of discussion.
Somehow I don’t consider this an important issue -—we have other things to worry about.
.
They doubled or tripled the cost of college by living away from home and paying for private college. Now they live at home, paying a student loan payment equal to a house payment.
Too many people thought living away from home during school would prepare them for living on their own, not realizing it would make that much harder after graduation.
Once mom and dad let you smoke dope in the house and bring girls to your room, what reason is there to ever want to move out?
Because tolerance.
Some are like that.
I have a coworker who has a Chemical Engineering degree. $250k to get it, and she couldn’t find a job for six months. Moved half way across to country to find one, and she can only afford to rent a room with six other girls.
It isn’t just the “lazy young people” thing.
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