A recent study by Pew Research revealed that young adults, ages 18-34, are living with their parents at the highest rate since 1940. It’s likely that you’ve read at least one of the countless negative reports on this statistic, but most people aren’t saying that living at home with your parents is not as bad as you think.
There are the valid points of concern with the Pew Research statistic. I’ll unpack the four main factors first before turning the table. The primary drivers of millennials living with their parents are lack of jobs, low income, high student debt, and lower rates of marriage.