Three in 10 young adults live with parents, highest level since 1950s

http://www.csmonitor.com/USA/Society/2012/0315/Three-in-10-young-adults-live-with-parents-highest-level-since-1950s ^

[dewawi]

A weak economy and high debt levels are prompting more young adults to return to the family nest, a new survey shows. Perhaps surprisingly, most are happy with their living arrangements.

[dewawi]

Weird... Brian Williams on NBC tonight told us these kids were moving home because of free food and someone to do their wash....

I kid you NOT. My wife and I looked at each other after Williams said tonight young Americans were moving home where the food was free and someone would do their wash...

Unbelievable...Williams said not ONE WORD about NOT HAVING JOBS.

[MIchaelTArchangel]

In the 1950s the adults living with parents were “old maids”. Those “adults” living with parents today are college graduates with worthless degrees and a ton of debt have of which are female and the other half of which are wussies.

[Blood of Tyrants]

They have jobs but they are low paying jobs where they don’t earn enough to move out on their own.

[FlingWingFlyer]

Barry’s “fundamental transformation” is taking us backwards in time. The liberal regressives are really starting to piss me off.

[max americana]

“Unbelievable...Williams said not ONE WORD about NOT HAVING JOBS.”

I find it more unbelievable that Freepers still watch that Obama ass-kisser.

[umgud]

My daughter, son in law and 2 grandkids moved in with me 2 years ago. I am single and living in a house way too big for just me, so there’s plenty of room. Son in law finishing his degree. They’ll probably be with me another couple years.

[George from New England]

We are having to kick out our grandkids because of a daughter in law that’s bi-polar and schizophrenic. She is imploding and our son won’t medicate her. She’s a danger to everyone but she’s destroying our marriage. Not to mention her and our son are part of a tiny religious cult. A cult that doesn’t want them and won’t help them.

[familyop]

"Weird... Brian Williams on NBC tonight told us these kids were moving home because of free food and someone to do their wash...."

It's no surprise to me. Most people who receive higher incomes from the government debt regime would say the same. It makes them feel better about being the real socialist parasites. I know young people who live with their parents and work far more than regulators and other idle recipients of government debt.

[umgud]

I’m lucky. We have a fair amount of harmony. This is not always the case,

[Just another Joe]

Extended families living under one roof is not necessarily a bad thing.
As long as the younger pay rent, utilities, food bills. etc, and as long as both generations respect each other it can be a good thing.

Both partys save money, the younger generation has access to advice from someone that has more experience, the older generation gets a way to stay current on new fads, both help the other in ways that can be unexpected.

[nhwingut]

This is what happens when you take out a $50,000 loan to get a degree in Queer Studies or Comic Book Art.

Broke with no prospects.

[JCBreckenridge]

Remind me what housing prices were in the 50s.

[dewawi]

Conservatives watching NBC? just those of us wondering what it is like to flog oneself.

[JCBreckenridge]

It’s the reality. There’s simply not enough jobs that pay enough.

This is the consequence of keeping housing prices high - it prices people right out of buying houses.

This is also why housing prices need to drop to be in line with what people make these days. That’s the problem with trying to circumvent the market - the market will always have the last laugh.

Now the market is saying, fine, keep your high prices. Now I’m going to destroy demand.

[dewawi]

My wife and I are 54 and 59 respectively. We raised 3 boys and it is very lonesome in this house without them. Enjoy the time you have with them. My criticism of Williams and this story was those young people that were moving home because they had no jobs, no income, nothing. Not those that were bettering themselves like your son in law.

[KoRn]

I’m a little surprised the % rate isn’t higher than that.

[dalereed]

Being an adult in the 50s I ddin’t know anyone that still lived at home after they were out of their teens unless they were going to college close to home and lived at home until they graduated.

[dalereed]

“the older generation gets a way to stay current on new fads”

Sure as hell don’t consider that a plus!!!!!!

[KoRn]

"They have jobs but they are low paying jobs where they don’t earn enough to move out on their own."

Bingo! Someone working a 'McJob' for around 10 bucks an hour at Best Buy, Wal-Mart, some gas station or restaurant....ect....ect is going to have most of their paycheck consumed by rent or a mortgage. This leaves little choice but to move in with someone else. That might as well be the parents. This is probably a good thing, because it enables them to save money, but I doubt most do. They probably blow most of their paychecks on nights out with friends, credit card debt, booze, and iGadgets.

[KoRn]

"We are having to kick out our grandkids because of a daughter in law that’s bi-polar and schizophrenic. She is imploding and our son won’t medicate her. She’s a danger to everyone but she’s destroying our marriage. Not to mention her and our son are part of a tiny religious cult. A cult that doesn’t want them and won’t help them."

Wow.... That sounds like a terrible situation!! Best of luck to you, and your family!