A third of under-35s are back home – not from laziness, but because housing, debt, and shaky jobs have priced independence out
A record 25.2 million young American adults (about 33%) under 35 have returned to the family nest as the cost of living has become prohibitive.
There is a stereotype of Americans living at home with their parents as freeloaders, living in the basement and spending their ample free time playing video games. That is far from the reality. Around 70% of young adults (ages 25 to 34) living at home are actively employed and use their income to contribute to the household expenses, like groceries and utilities.
One of the main…
Read the full article at RT.COM
