3 ms·
> Overall, Millennials are slower when it comes to leaving the nest compared to previous generations: 18% of Baby Boomers and 17% of Gen X were living with thei
by hotnfresh 3y ago
> Overall, Millennials are slower when it comes to leaving the nest compared to previous generations: 18% of Baby Boomers and 17% of Gen X were living with their parents at the same age as today's average Millennials. Likewise, Zoomers also struggle: By 22 years old, 66% of Millennials, 65% of Gen X and 61% of Baby Boomers were still at home, which was surpassed by a 68% share of Gen Z.
There, the part of this that makes the bare stats mean anything whatsoever.
- SamoyedFurFluff 3y agoI mean, isn’t it obvious why? There was just an article posted to HN a few days ago that says the required income to buy a house effectively increased 50% since 2019. Wages for millennial age experience definitely haven’t increased the same amount.
- latency-guy2 3y agoSo trending up, but not significantly, fully agreed this is hardly worth a thing. Labor participation rate is another thing to track, more of GenZ is attending college rather than embracing independence and going to work than all other cohorts so its not surprising.
- QuarterReptile 3y agoIf you factor in the growing portion of people going to undergrad, those stats may correspond to downward movement in the proportion of young adults living with parents for significant periods after completing education.