Ultimately, you can see this dynamic one of two ways: either the number of young people living at home is a bullish force for the housing market going forward, or this is indicative of a lost generation that has suffered the ill-effects of a deep recession, massive student loan debts, and a general proclivity for incompetence.
The truth is probably somewhere in the middle. But, it is so easy for my generation to hate on Millennials.
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Nearly 20% of 25- to 34-Year-Old Men Live With Their Parents
Deutsche Bank research found that nearly 20% of men between the ages of 25 and 34 live at home.
As a point of comparison, about 12% of women this age are living at home.
Ultimately, you can see this dynamic one of two ways: either the number of young people living at home is a bullish force for the housing market going forward, or this is indicative of a lost generation that has suffered the ill-effects of a deep recession, massive student loan debts, and a general proclivity for incompetence.
The truth is probably somewhere in the middle. But, it is so easy for my generation to hate on Millennials.
Nearly 20% of 25- to 34-Year-Old Men Live With Their Parents
Deutsche Bank research found that nearly 20% of men between the ages of 25 and 34 live at home.
As a point of comparison, about 12% of women this age are living at home.
Deutsche Bank via Business Insider.
Ultimately, you can see this dynamic one of two ways: either the number of young people living at home is a bullish force for the housing market going forward, or this is indicative of a lost generation that has suffered the ill-effects of a deep recession, massive student loan debts, and a general proclivity for incompetence.
The truth is probably somewhere in the middle. But, it is so easy for my generation to hate on Millennials.
Posted at 02:13 PM in Business, Current Affairs, Market Commentary | Permalink
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