Thursday, July 10, 2014

The truth behind millennial housing numbers via HousingWire

Despite an overabundance of news reports on millennials, one key factor is consistently left out of the mix. According to The Atlantic, one problem with the official statistics is that the Current Population Survey counts students living in dormitories as living with their parents.

Be sure to click on the link to see the graphic.

As you can see in the graph below, the share of 18-to-24-year-olds living at home who aren't in college has declined since 1986. But the share of college students living "at home" (i.e.: in dorms, often) has increased. So the Millennials-living-in-our-parents meme is almost entirely a result of higher college attendance.

Read more...The truth behind millennial housing numbers | 2014-07-09 | HousingWire

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.