Millennials Are Such a Drag: Ritholtz Chart

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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I was researching tomorrow's column -- it's about housing -- when I found this fascinating table about millennials. They are 1 1/2 times more likely to be living with their parents than members of Generation X or baby boomers were at the same age.

As we observed last month, the lack of millennial homebuyers has been a drag on home sales. The table above gives even more context.

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at britholtz3@bloomberg.net