According to the Zillow analysis, the combination of inflated rents, housing affordability, and wage stagnation over the last decade have driven many millennials back to their parents’ basement, but the report notes the trend has increased even though the U.S. labor market improved. Nearly 12 percent of millennials living with their moms are unemployed, while “28 percent of recent college grads live with their parents, up from 19 percent in 2005,” said Zillow.
Happy Mother's Day.
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