Live at Home Millennials

Looks like you may not be able to get your kids out of the house as soon as you hoped. According to the Pew Research Center analysis of U.S. Census Bureau data, 21.6 Million “adults” ages 18-31 lived at home with their parents last year. Those in college are more likely to be those living at home, but other factors like unemployment and fewer marriages  contribute to the increase of kids not leaving the nest.

Having left the nest myself at 18 for college, it would never had occurred to me to move back in. I was raised in the belief that once you are an adult, you have to make it on your own, and I am amazed at the high number of adults in their late 20’s and early 30’s that still live at home.  So with our ever changing society, how long is too long to stay at home with your parents? From a recent Coldwell Banker survey, it looks like many feel five years is the magic number.  However, even though it has become more acceptable, 70% believe that too many adults are living with parents to avoid responsibility, and 65% young adults are overstaying their welcome.

So, what do you think about this growing trend of young adults refusing to leave the nest?

 

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