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There are also more two-person households, so perhaps part of the change is young people not living with their parents for so long? Or perhaps it is old people
by dan-robertson 4y ago
There are also more two-person households, so perhaps part of the change is young people not living with their parents for so long? Or perhaps it is old people living alone. I don’t think I have very good priors about this. I think the kind of people I know are not going to be a great cross section of US society (and I suspect this is true for basically anyone too).
- c4ptnjack 4y agoIt's actually the opposite, we are at an all time high for young people living with their parents, for longer. Approximately 50 percent of young adults 18 - 29 live with their family now[0]. Initially that was thought to be a transient externality of the pandemic but it seems to be sticking[1] thanks to the outfall of the bull market crashing. [0]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/ https://www.pewresearch.org/fact-tank/2020/09/04/a-majority-... [1]https://www.pewresearch.org/fact-tank/2022/07/20/young-adults-in-u-s-are-much-more-likely-than-50-years-ago-to-be-living-in-a-multigenerational-household/ https://www.pewresearch.org/fact-tank/2022/07/20/young-adult...
- 411111111111111 4y agoWhich entirely disqualifies the proposed explanation of the original comment, which considered household income. thus bundling the parents and children's income together.
- deleted 4y ago[deleted]