The highest share of young Americans living with their parents hit a record high of 40.9 percent in 1940. In 2016, the share falls just short of that figure, at 40 percent.
"Almost 40% of young Americans were living with their parents, siblings or other relatives in 2015, the largest percentage since 1940," reports Chris Kirkham. That fact of contemporary life is reported by an analysis of census data by real estate tracker Trulia.
According to Kirkham, "the share of those between the ages of 18 and 34 doubling up with parents or other family members has been rising since 2005."
"Analysts point to rising rents in many cities and tough mortgage-lending standards as the culprit, making it difficult for younger Americans to strike out on their own," writes Kirkham. Whether that's an accurate explanation for the current familial living arrangements and which direction the percentages will swing next are two questions that loom large over the U.S. housing market and the economy as a whole.
FULL STORY: Percentage of Young Americans Living With Parents Rises to 75-Year High
Five Key Statistics for Understanding Millennial Households
There has been a lot of speculation about the motivations of Millennials as they enter the workforce and the real estate market. The Pew Research Center starts with the facts.
In Most U.S. Cities, Archaic Laws Limit Roommate Living
Critics argue laws preventing unrelated adults from living in the same home fail to understand the modern American household.
Wave of Household Growth Likely Cresting, Relieving Crowded Housing Markets
A recent series of data on the growth of households in the United States reveals the unprecedented scale of housing demand in recent years.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
New Jersey’s second-largest city bans standalone data centers
Jersey City will continue to allow co-location facilities, such as those meant for research institutions that store their own data.
Amtrak not solely to blame for New Jersey commuter rail's unreliability, report finds
A new study from the Garden State Initiative found that NJ Transit’s budget grew 20% across a 4 year period, but reliability declined significantly over the same period.
EPA erases limits on planet-warming pollution from power plants
Under Monday’s plan, power plants would still have some limits on how much mercury, arsenic and other contaminants they can emit.
Phoenix announces new on-demand transit service, more frequent RAPID buses
Both new services will launch in October, and are part of Phoenix's Project Effective Access Solutions for Easing Congestion.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association