(By Michael Snyder) Did you know that the percentage of 18 to 34-year-old Americans that are married and living with a spouse has dropped by more than half since 1975? Back then, 57 percent of everyone in that age group “lived with a spouse”, but today that number has dropped to just 27 percent. These numbers come from “the Changing Economics and Demographics of Young Adulthood” report that was just released by the U.S. Census Bureau. Some are postulating that the reason for
this dramatic cultural shift is a phenomenon known as “extended adolescence”, while others fear that large numbers of young men and/or young women are giving up on the concept of marriage altogether. Instead of getting married and starting their own households, many young adults are deciding that living with Mom and Dad is the best approach. In fact, this new Census Bureau report found that one out of every three 18 to 34-year-old Americans is currently living with their parents… READ MORE
Well it is hardly surprising so many young people are still living with their parents, buying your own home is so hideously expensive…even those that have diligently saved for years find themselves struggling hard…and rental properties have such high rents, it is impossible for many to make ends meet…and some young people that do marry find that they are unable to meet the payments, get evicted from their home and end up back with Mum and Dad…
There are plenty of new houses being built, but only those that are wealthy can afford them…
most people can only afford a single room occupancy (bed-sit) or share with strangers in shared house…they
need room-mates to meet the costs of rent, electric and water rates and all other household bills…
So I don’t think it is the youngsters fault that they are unable to get married and have their own home earlier like their parents generation…blame the unending greed of land developers and housing industries…profit before people….