The Fact
In a Pew Research Center survey of adults living in multigenerational households, 57% of adults ages 25–39 who lived with a parent said finances were a major reason for the living arrangement.
What This Means
For many young adults living with parents, the arrangement is not adequately described as a simple lifestyle preference. Financial conditions are explicitly part of the reason.
Sources
- Pew Research Center, “Financial issues top the list of reasons U.S. adults live in multigenerational homes,” March 24, 2022; survey conducted October 2021.