Why Do Half of Young Adults Live with Their Parents?
The number of young adults living at home crested at 52% in July 2020, the highest number ever recorded (the former high was around 48%, following the Great Depression\u2014yes, the 1930s).\nUnderstandably, this figure rocked the internet\u2014and spawned a deluge of articles in the years since hypothesizing about the why and how. And while things have since \u201cnormalized\u201d back to a level of around 47%, that figure is still\u2014historically\u2014high, and deserves a closer look.\nLearn more about our sponsor, TaxAct: https://www.taxact.com/moneywithkatie\nLearn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice\nLearn more about our sponsor, Droplette: https://droplette.io/ and use promo code MONEYWITHKATIE for 50% off\nTranscripts can be found at podcast.moneywithkatie.com.\n\u2014\nMentioned in the Episode\n\nUSA Today fact check: https://www.usatoday.com/story/news/factcheck/2021/12/23/fact-check-47-american-young-adults-live-their-parents/8672598002/\n\n\nPew Research Center data: https://www.pewresearch.org/fact-tank/2020/09/04/a-majority-of-young-adults-in-the-u-s-live-with-their-parents-for-the-first-time-since-the-great-depression/ft_2020-09-04_livingwithparents_02/\n\n\nYahoo! Finance article: https://finance.yahoo.com/news/nearly-half-young-adults-us-073044507.html\n\n\nFortune article: https://fortune.com/2022/12/13/gen-z-young-millennials-way-afford-luxury-handbags-watches-living-mom-dad-morgan-stanley/\n\n\nMillennial American Dream Pt 1: https://youtu.be/51S_SpHpPDk\n\n\nMillennial American Dream Pt. 2: https://youtu.be/VbIQHrSAmsQ\n\n\nMedian home values: https://moneywithkatie.com/blog/are-houses-more-expensive-or-bigger\n\n\nSHEcession & childcare: https://podcast.moneywithkatie.com/bonus-the-shecession-childcare-and-modern-motherhood-in-the-us/\n\n\nHealthcare costs: https://moneywithkatie.com/blog/category/healthcare\n\n\n\u2014\nRead Money with Katie: https://moneywithkatie.com/\n\nFollow Money with Katie!\nInstagram - https://www.instagram.com/moneywithkatie\nTwitter - https://twitter.com/moneywithkatie\nTikTok - https://www.tiktok.com/@moneywithkatie\nLearn more about your ad choices. Visit megaphone.fm/adchoices