In every study I’ve ever seen on Millennial’s there is no stigma to living with their parents. It’s not important to them to get out of the house like it was in previous generations. For the first time in US history they don’t consider owning a home as a definition of success.
Oh and they are the largest cohort in history.
They are smart not to get bogged down in housing in this uncertain market. If they earn now and watch things deflate, they may make a good buy.