Millennials Still Aren’t Home Alone


Posted To: MND NewsWire

Millennials, it is said, are finally moving out on their own, establishing households and buying houses. But, if new research from the National Association of Home Builders (NAHB) is correct, quite a few of them are bucking the trend. Natalia Siniavskaia writes in NAHB’s Eye on Housing blog that sharing living quarters with others is still a hallmark of the generation which is now aged 25 to 34, and its popularity is growing. She says that only 4 percent of those who were in that same age group in 1990 shared living quarters with roommates, housemates, and other non-relatives. By 2016 that number had nearly doubled to 7.5 percent. In addition, 21 percent are still living with parents or in-laws compared to 12 percent 28 years ago, and another 5 percent (versus 3 percent in 1990) are living…(read more)

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