The Boomerang Generation – Feeling OK about Living with Mom and Dad
February 19, 2012
If there’s supposed to be a stigma attached to living with mom and dad through one’s late twenties or early thirties, today’s “boomerang generation” didn’t get that memo. Among the three-in-ten young adults ages 25 to 34 (29%) who’ve been in that situation during the rough economy of recent years, large majorities say they’re satisfied with their living arrangements (78%) and upbeat about their future finances (77%).
The sharing of family finances appears to have benefited some young adults as well as their parents; 48% of boomerang children report that they have paid rent to their parents and 89% say they have helped with household expenses. As for the effect on family dynamics, about quarter (25%) say the living arrangement has been bad for their relationship with their parents, while a quarter (24%) say it’s been good and nearly half (48%) say it hasn’t made a difference.
To download report CLICK on link below;
http://www.pewsocialtrends.org/files/2012/03/PewSocialTrends-2012-BoomerangGeneration.pdf>
