During most of U.S. history if people wanted their own home, they had to build it themselves. This is no longer true and neither do most of us grow our own food. But how have these changes in economy played out for those unfamiliar with this history?
The trend that many talk about is how millennials are remaining with their families longer. According to a recent Pew Report “In 2014, for the first time in more than 130 years, adults ages 18 to 34 were slightly more likely to be living in their parents’ home than they were to be living with a spouse or partner in their own household.” When will they grow up, settle down, buy a house, get married and raise a family? How long before they act like real adults?
Actually, the fact that so many people from the baby boomer generation moved out of their parent’s house in their early twenties is really the anomaly. When one looks at past generations, the number of couples between 18 and 34 that lived in their own home peaked in 1960 and then started to decline. You must remember it was only twenty years before…
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