Economy

Why Do So Many Young Adults Live With Their Parents?

For young black Americans, it’s because rents are too damn high: For white ones, it’s about jobs.

Graduating, but not from their childhood bedroom. For Americans ages 18-to-34, residing in a parent's home without a spouse is the most common living arrangement according to the Census Bureau. — Graduating, but not from their childhood bedroom. For Americans ages 18-to-34, residing in a parent's home without a spouse is the most common living arrangement according to the Census Bureau.John Amis/AP

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

May 14, 2018 at 1:32 PM EDT

So, why are more and more young adults living at home—and for longer stretches than ever before?

“The economy, duh!” is, indeed, the right answer. But it’s not the complete answer.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal