Boomerang Kids: Why One-Third of Young Adults Are Moving Back Home 🏡

A new U.S. Census Bureau report reveals that nearly one-third of adults aged 18-34 are living with their parents, highlighting a growing trend driven by economic challenges and shocks.

Boomerang Kids: Why One-Third of Young Adults Are Moving Back Home 🏡
Benzinga
95.1K views • Nov 19, 2024
Boomerang Kids: Why One-Third of Young Adults Are Moving Back Home 🏡

About this video

Approximately one-third of U.S. adults aged 18 to 34 live with their parents, according to U.S. Census Bureau data. Researchers link the increase of boomerang kids to young adults facing economic challenges, challenging media stereotypes about the generation's lifestyle choices. Economic shocks, such as the 2008 financial crisis and the pandemic, have exacerbated financial instability for young adults, making it harder for them to leave their parents’ homes. Analysts warn that this shift may suppress consumer spending and slow economic growth.

Video Information

Views

95.1K

Duration

0:38

Published

Nov 19, 2024

User Reviews

3.9
(19)
Rate:

Related Trending Topics

LIVE TRENDS

Related trending topics. Click any trend to explore more videos.