Does this differentiate between a young adult living with their parents (parents own the house) and elderly adults living with their adult child (child owns the house)? In my mind, that’s a big difference in terms of the younger generation’s economic health.
I would imagine so. Most 25-29 year olds’ parents aren’t that old, plus you’d need a combination of “able to afford a house” and “parents need/want to move in with kid (and vice versa)”.
Does this differentiate between a young adult living with their parents (parents own the house) and elderly adults living with their adult child (child owns the house)? In my mind, that’s a big difference in terms of the younger generation’s economic health.
In the mid-60s on the graph, there’s a blurb that it’s 25-29 year olds living with their parents. Not super noticable at first glance.
Yeah, I saw that after posting.
A 25-29 year old buying a home and having their parents move back in with them seems unlikely, but is it so unlikely as to be negligible?
I would imagine so. Most 25-29 year olds’ parents aren’t that old, plus you’d need a combination of “able to afford a house” and “parents need/want to move in with kid (and vice versa)”.