The number of young adults living at home crested at 52% in July 2020, the highest number ever recorded (the former high was around 48%, following the Great Depression—yes, the 1930s).
Understandably, this figure rocked the internet—and spawned a deluge of articles in the years since hypothesizing about the why and how. And while things have since “normalized” back to a level of around 47%, that figure is still—historically—high, and deserves a closer look.
Learn more about our sponsor, TaxAct: link
Learn more about our sponsor, Fidelity: link
Learn more about our sponsor, Droplette: link and use promo code MONEYWITHKATIE for 50% off
Transcripts can be found at podcast.moneywithkatie.com.
—
Mentioned in the Episode
USA Today fact check: link
Pew Research Center data: link
Yahoo! Finance article: link
Fortune article: link
Millennial American Dream Pt 1: link
Millennial American Dream Pt. 2: link
Median home values: link
SHEcession & childcare: link
Healthcare costs: link
—
Read Money with Katie: link
Follow Money with Katie!
Instagram - link
Twitter - link
TikTok - link
Learn more about your ad choices. Visit megaphone.fm/adchoices