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Man, those are wide age bands. Big difference from more 19 year olds living at home versus 34 year olds. And flip that statistic, the percentage not living at
by refurb 3y ago
Man, those are wide age bands. Big difference from more 19 year olds living at home versus 34 year olds.
And flip that statistic, the percentage not living at home went from 80% to 68%.
Significant? Sure. Massive? Doesn’t seem like it.
And looking at home ownership rates for those under 35 years old, historically - its not that much lower, maybe a 10% relative drop.
So sure, fewer young people owning homes, but it’s <10% relative change. That doesn’t scream crisis to me. The vast majority of young people own homes similar to the past.
- Izkata 3y ago> Man, those are wide age bands. Big difference from more 19 year olds living at home versus 34 year olds. But it's a consistent measurement. You're the one that said that further up.
- refurb 3y agoThe fact it's a constant measure is irrelevant to my comment that 18 to 34 is a huge age band. A college student deciding to live at home is very different than a mid-career 30-something deciding to live at home.
- Izkata 3y agoBut the measurement has been constant - it hasn't changed. So it remains a valid comparison.
- refurb 3y ago> The fact it's a constant measure is irrelevant
- Izkata 3y agoIt's not comparing 18 year olds to 34 year olds, it's comparing the same age range in different time periods, so the size of the band is also irrelevant. Besides which, 18-34 is a standard range used all the time. And it seems like you didn't even notice my last comment was your own words.