@Havsie, u are not alone - 52% of adults living with their parents in USA

couchlock

digital nomad
OT Supporter
Apr 8, 2002
86,956
The Highway

52% of young adults in the US are living with their parents. That's the highest share since the Great Depression


The number of American young adults living with their parents is at or near an all-time high, and the coronavirus pandemic is likely the reason, according to a new analysis.
A new report by the Pew Research Center found that a majority of young adults -- 52% -- lived with one or both of their parents in July. Pew's analysis of monthly Census Bureau data notes that this is higher than any previous measurement.

200904125826-03-living-home-parents-trnd-restricted-exlarge-169.jpg


"Before 2020, the highest measured value was in the 1940 census at the end of the Great Depression, when 48% of young adults lived with their parents," says the report, published Friday. "The peak may have been higher during the worst of the Great Depression in the 1930s, but there is no data for that period."

Pew defines young adults as 18- to 29-year-olds. The number of young adults living with parents grew to 26.6 million in July, an increase of 2.6 million from February, Pew said.

Young adults have been hit especially hard by the recent economic downturn and have been more likely to move than other age groups, according to Pew research.



Young adults returning home is impacting the rental market

Growth in the number of young adults living with their parents was the sharpest for the youngest adults, ages 18-24, according to the analysis.

"The number and share of young adults living with their parents grew across the board for all major racial and ethnic groups, men and women, and metropolitan and rural residents, as well as in all four main census regions," Pew says.

One notable change, according to Pew's experts: When it comes to the share of young adults living with their parents, the racial and ethnic differences appear to be narrowing.

About a fifth of adults in the US have moved due to Covid-19 or know someone who did, a new study shows


"In past decades, White young adults have been less likely than their Asian, Black and Hispanic counterparts to live with their parents," the report says. "That gap has narrowed since February as the number of White young adults living with their mothers and/or fathers grew more than for other racial and ethnic groups."

Cheryl Young, a senior economist at Zillow, says the increase in young people moving back home has started to impact the rental market.

"Essentially we saw about a little over 3 million more people moving home ... with their parents or grandparents, from a year ago. That's up about 9 percent," she says.

"A big share of that population that moved home are young people, Gen Z, 18- 25-year-olds, and even some millennials as well," Young adds.

"Gen Z in particular, I would say 75% of that group tends to be renters. With a lot of young people not renting, not moving into cities when they normally would have, there is a lot of inventory coming onto the market."
 

lawnboy

Can I get uhhhh
May 5, 2000
36,702
Pittsburgh, PA
Makes sense- I know of two younger siblings of friends who moved back home to PA from NYC when their jobs went virtual and aren't returning.
 

B-Line

*****d[-_-]b*****
OT Supporter
Mar 8, 2009
24,883
Los Angeles
I know lots of young adults that were living in small ass shitty apartments.
As soon as they went WFH and had the option of going back to their parents place with dog/yard/pool and home cooked food, they bolted.

Who the hell wants to live/quarantine in a studio apartment in NYC, Chicago, SF, etc when they can be home with their families?
 

loneXsupra

OT Supporter
Apr 9, 2004
22,764
Texas. The America of America
I know lots of young adults that were living in small ass shitty apartments.
As soon as they went WFH and had the option of going back to their parents place with dog/yard/pool and home cooked food, they bolted.

Who the hell wants to live/quarantine in a studio apartment in NYC, Chicago, SF, etc when they can be home with their families?

tag him pussy @digital jello
 

mollywhop

🤙 Dick was moist as fuck 🤙
OT Supporter
Feb 13, 2020
34,157
Blue Ridge Mountains
I know lots of young adults that were living in small ass shitty apartments.
As soon as they went WFH and had the option of going back to their parents place with dog/yard/pool and home cooked food, they bolted.

Who the hell wants to live/quarantine in a studio apartment in NYC, Chicago, SF, etc when they can be home with their families?
I realize my relationship with my parents is worse than most on here but even if my parents had money, which they didn't, I would have much preferred living in abject poverty while trying to make my own way rather than spending even a week living with my family again
 

sp00n155

You underestimate the insignificance of my penis
Jan 30, 2006
23,652
Huntsville, AL
I moved out when I was 18 and never so much as slept overnight at my parents again after that but I don't really see the big deal about living with your parents. It saves money and space, if you're cool with your folks then I don't see a problem with it. Weird social stigma about it in this country, its extremely common to live as a family unit together in other countries especially densely populated ones where real estate is expensive.

I'm way more concerned with the absolutely unchecked single mom explosion. Kids need two parents to be high functioning adults more often than not, shits gunna be rough once all these Aidens start pulling the weight.
 
TS
TS
couchlock

couchlock

digital nomad
OT Supporter
Apr 8, 2002
86,956
The Highway
I realize my relationship with my parents is worse than most on here but even if my parents had money, which they didn't, I would have much preferred living in abject poverty while trying to make my own way rather than spending even a week living with my family again
for reals
 

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