Inflation & Prices
Millions of US Millennials Moved in With Their Parents This Year
Photographer: Maskot/Getty Images
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Soaring rents forced millions of young Americans to move back in with their parents this year, according to a new survey.
About one in four millennials are living with their parents, according to the survey of 1,200 people by Pollfish for the website PropertyManagement.com. That’s equivalent to about 18 million people between the ages of 26 and 41. More than half said they moved back in with family in the past year.