Sunday, April 15, 2012

Millennial Generation Safe at Home

New Geography reports:
the growth in multigenerational households represents more than simply the result of economic stress. It also reflects how Millennials were raised and the value both they and their parents place on family life. According to Pew, the large majority of young adults who now live with their parents are both satisfied with this arrangement (78%) and optimistic about their future (77%). In fact, more than a third (34%) of them actually believe that living with their parents at this stage of life has been good for their relationship with their parents, about twice the number who say it has been bad (18%). From the parents’ perspective, those who say an adult child of theirs has moved back home recently are just as satisfied with their family life and housing situation as are those parents whose adult children have not returned home.