Do you still live at home? You’re not the only one. A growing percentage of people are still living with their parents. There are several reasons for this and the trend has really increased along with wealth inequality, since the Financial Crisis. Understand that the more monetary abundance there is, the more people will ultimately spend on goods and services. But when times are tough, debt is racked up and people try to make it just a bit further. We are now standing at the precipice.
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The share of Americans age 25-29 living with parents is the highest in 75 years — Quartz
https://qz.com/1248081/the-share-of-americans-age-25-29-living-with-parents-is-the-highest-in-75-years/
Record 64 million Americans live in multigenerational households | Pew Research Center
http://www.pewresearch.org/fact-tank/2018/04/05/a-record-64-million-americans-live-in-multigenerational-households/
Burned-out Silicon Valley house on market for $800,000 | The Sacramento Bee
http://www.sacbee.com/news/state/california/article208596279.html
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Asia's a ‘Buy’ After World's Top Two Economies Cool Trade Bombast - Bloomberg
https://www.bloomberg.com/news/articles/2018-04-11/asia-s-a-buy-as-world-s-top-two-economies-cool-trade-bombast
• Chart: Ride-Hailing Apps Surpass Regular Taxis in NYC | Statista
https://www.statista.com/chart/13480/ride-hailing-apps-surpass-regular-taxis-in-nyc/
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nice work !
No... technically I moved out... then had to move back in after 10 years... Fucking job market.
Although technically I'm not sure this is a bad thing out side of economic cause. The Western 'you move out when you come of age' model is unrealistic, and unsustainable, at least for the near future.
There's significant argument that this is a detrimental effect on our culture in the west that's driving isolation between person.
That's not to say that the causes that you lay out here are not worrysome problems of the highest order.
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