The Boomerang Generation: More Young Adults are Living with Parents
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More adult kids are crashing with the 'rents, according to a new study from the Pew Research Center.
The number of adult children living with their mom and/or dad has risen in recent years to 21.6 percent, a significant increase from the 16 percent who lived with their parents in 2000.
And they're not in any rush to get their own place.
“Large majorities of young adults ages 25 to 34 living at home say they’re satisfied with their living arrangements and upbeat about their future finances,” according to the report.
The good news is that they're pulling their weight. Nearly all of those surveyed said they help with chores. Three-quarters help with household expenses and more than a third pay rent.
Do you know anyone who moved back in with their parents in their late twenties or early thirties?