This is ultimately a true trend within the millennial generation. In Pew Research Center's article, Americans are moving at historically low rates, in part because Millennials are staying put, Richard Fry states, “56% of early Baby Boomer 25- to 35-year-olds lived in owner-occupied housing (not owned by their parents) in 1981, whereas only 37% of Millennials lived in such housing in 2016” (5). Therefore Millennials are indeed moving out an alarming slow rate compared to Generation X, however it is not due to the commonly perceived persona of laziness. In a personal interview with Mariela Angulo (25 year old, Spanish teacher) she associates marriage with moving out when she states, “In this generation it is not like traditional, I’m gonna marry at 22 or marry at 25. They are more interested in like traveling and enjoying life and getting to know themselves before they commit to anyone, so now marriage like average, they are getting there around 28 to 30’s and that's nothing bad”. Low marriage rates, cause Millennials to have only one solid income, making homebuying an incredibly daunting task. Angulo also goes on to say that the economy is not helping Millennials, since they are one of the most educated generations. They face the large burdens of student loans and debt that they are expected to pay right after college. However, Millennials struggle to find jobs right after college in this competitive economy even with a degree. Ultimately leaving Millennials with no choice, but living with mom and dad
This is ultimately a true trend within the millennial generation. In Pew Research Center's article, Americans are moving at historically low rates, in part because Millennials are staying put, Richard Fry states, “56% of early Baby Boomer 25- to 35-year-olds lived in owner-occupied housing (not owned by their parents) in 1981, whereas only 37% of Millennials lived in such housing in 2016” (5). Therefore Millennials are indeed moving out an alarming slow rate compared to Generation X, however it is not due to the commonly perceived persona of laziness. In a personal interview with Mariela Angulo (25 year old, Spanish teacher) she associates marriage with moving out when she states, “In this generation it is not like traditional, I’m gonna marry at 22 or marry at 25. They are more interested in like traveling and enjoying life and getting to know themselves before they commit to anyone, so now marriage like average, they are getting there around 28 to 30’s and that's nothing bad”. Low marriage rates, cause Millennials to have only one solid income, making homebuying an incredibly daunting task. Angulo also goes on to say that the economy is not helping Millennials, since they are one of the most educated generations. They face the large burdens of student loans and debt that they are expected to pay right after college. However, Millennials struggle to find jobs right after college in this competitive economy even with a degree. Ultimately leaving Millennials with no choice, but living with mom and dad