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IPFS News Link • Economy - Economics USA

Almost Half Of All Young Adults In The United States Are Living With Their Parents

• http://theeconomiccollapseblog.com by Michael Snyd

 If close to half of our young adults find themselves needing to live with their parents, we have a major crisis on our hands.  Yes, there are some young people that are simply lazy and don't want to work hard enough.  I definitely understand that.  But most young adults in America today don't actually want to live with their parents.  Given the opportunity, they would love to have their own homes.  Unfortunately, home prices have risen to absolutely absurd levels and housing in America is now more unaffordable than it has ever been before.

I feel so badly for the millions upon millions of young people that are struggling so much right now.We encourage them to pile up giant mountains of student loan debt without ever considering the consequences, and then once they get out into the real world they quickly discover that the cost of living has become extremely suffocating.


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