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(CNBC)   Millennials still crashing with parents in strong economy and it reveals their ambition   ( cnbc.com) divider line
    More: Interesting, percent, Real estate, Percentage point, Inflation, federal data, headship rates, young adults, age group  
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226 clicks; posted to Discussion » on 10 Aug 2018 at 2:35 PM (17 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2018-08-10 12:44:49 PM  
Hipsters.
 
2018-08-10 01:01:03 PM  
They can't afford it?

(reads article)

Yep, they can't afford it.

ever-increasing housing costs and personal debt are largely to blame for the missing millennial-led homes, economists say.
 
2018-08-10 01:14:27 PM  
Yeah. Or maybe that the shiattiest shiathole of a one bedroom apartment in the highest crime rated area of Ohio was up to $700 a month, plus $50 "administration fee" 

Got a car? Well, if you live in a shiathole your insurance will be more than your car payments! 

A hard rain is a comin...
 
2018-08-10 02:59:06 PM  

Shadow Blasko: Yeah. Or maybe that the shiattiest shiathole of a one bedroom apartment in the highest crime rated area of Ohio was up to $700 a month, plus $50 "administration fee" 

Got a car? Well, if you live in a shiathole your insurance will be more than your car payments! 

A hard rain is a comin...


Everyone and everything else is to blame, right?
Not you, of course.
 
2018-08-10 03:08:30 PM  
Since boomers ruined the country, I think it's only fair their rotten kids should live with them. Forever.
 
2018-08-10 03:15:06 PM  
also shows the parents are still reluctant to apply 'tough love'.
 
2018-08-10 03:17:17 PM  
An increasing share of American millennials are living with mom and dad instead of starting their own homes, even as the economy has recovered since the great recession, according to a new analysis of federal data by the National Association of Home Builders.

That's not what the data says at all.

But Siniavskaia found just 40 percent of those ages 25 to 34 led their own household in 2016, and that number has been dropping steadily from 46 percent in 2000.

The portion of young adults who live with mom and dad or other relatives rose from 15.3 percent in 2000 to 26.3 percent in 2016, according to NAHB.


Those aged 25 to 34 in 2000, weren't millenials.  They were Gen-Xers.  What you meant to say was "An increasing share of young adults."  And even that isn't strongly proven.  It would be most accurate to say "An increased share of young adults", because you didn't know if was still increasing or if it declined from 2015 to 2016.
 
2018-08-10 04:15:38 PM  

EL EM: Since boomers ruined the country, I think it's only fair their rotten kids should live with them. Forever.


Why do they always skip Gen X?
 
2018-08-10 05:15:58 PM  

Mugato: EL EM: Since boomers ruined the country, I think it's only fair their rotten kids should live with them. Forever.

Why do they always skip Gen X?


Because GenX was the final generation to be more successful than their parents.
 
2018-08-10 05:49:04 PM  

BalugaJoe: Hipsters.


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