College Debt Isn’t The Only Thing To Blame For Millennials Moving Back Home
Despite the fact that the economy is recovering and the job market is improving, parents can’t seem to kick out their dependent millennials.
Red Alert Politics reports.
The enablers: Are parents to blame for millennials moving back home?
There are three million more millennials living at home with their parents now than during the housing bubble peak nine years ago, according to Money.
High college debt has kept millennials returning to their parents’ house upon graduation and making themselves right at home — again.
For the first time in more than 130 years, adults ages 18 to 34 are more likely to be living in their parents’ home than with a spouse or partner in their own household, according to Pew Research Center. Many millennials not only move in with their parents, but expect their parents to let them stay for as long as necessary. But college debt isn’t entirely to blame for a failure to launch.
The enablers: Are parents to blame for millennials moving back home? (Red Alert Politics)