Move Out!

How this hasn’t led to an uptick in domestic violence/suicide I’ll never know…

From Real Time Economics:

Among the three-in-ten young adults ages 25 to 34 (29%) who’ve been in that situation during the rough economy of recent years, large majorities say they’re satisfied with their living arrangements (78%)

One boon to a housing recovery would be young adults moving out of their parents’ homes and starting their own households. But what if they don’t want to?

The recession has caused an increase in young adults living in multigenerational households. According to Census data analyzed by the Pew Research Center 21.6% of 25-34 year olds lived in such an arrangement in 2010, up from 11% in 1980. One argument for a coming rebound in home sales and construction has centered on those young adults being able to form their own households.

 

My wife and I have a few friends our age in this position, one of them with kids of their own!  I can get through dinner with my parents or maybe an afternoon – but there would definitely be gunplay if we all lived together again.

Source:

Number of the Week: What if Young Adults Don’t Want to Leave Home? (Real Time Economics)