More millennials living at home, and you can’t blame the economy

first time home buyer

From LATimes.com 7/29/15

The economy might be recovering, but millennials are still largely living with their parents, one survey says.

According to the report released Wednesday by the Pew Research Center, the nation’s 18- to 34-year-old population is less likely to be living independently of their families and establishing their own households than they were during the recession.

In early 2015, the report said, about 42.2 million millennials, or 67%, lived independently, compared with 42.7 million millennials, or 71%, before the recession in 2007.

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