Across much of the developed world, researchers have found that more young adults are living at their parents’ home for longer periods of time.
Across the European Union’s 28 member nations, nearly half (48.1%) of 18- to 34-year-olds were living with their parents in 2014, according to the EU statistical agency Eurostat. The Scandinavian countries have the lowest rates, with Denmark coming in at 18.6%. Southern and eastern European countries tend to have higher rates, led by the former Yugoslav republic of Macedonia: 72.5% of 18- to 34-year-olds reportedly were living with their parents.
This isn’t news because this trend gradually became a new part of the economic and cultural norms of the developed world–but the impact is enormous. In the United States, more young adults live with parents than partners (for the first time in the 130 years that the statistic has been collected). The world isn’t what it was in 1880.
32.1% of young adults in the U.S live with parents, and 48.1% of young adults in the European Union Union live with parents.
Questions to Ponder: What are some contributing factors to this trend in the United States and Europe? What does this say about housing costs, economic, and cultural conditions?