Percentage Of Young Adults Living With Family Reaches 75-Year High
Rising rents, high home prices and student debt, are preventing many millennials from buying their own homes
Jan. 4, 2017
Forty percent of adults between the ages of 18 and 34 lived with their parents, siblings, or other relatives in 2015. That’s the most since 1940, according to analysis from real estate website Trulia that was reported by The Wall Street Journal.
Tighter lending standards, rising rents, high home prices and student debt, are preventing many of these millennials from buying their own homes.
