Monday, June 2, 2014

1/3 Live With Parents

Writing in Business Insider, Sam Ro cites the latest monthly chart book of Deutsche Bank's Torsten Slok. Slok has a chart showing the numbers of 18-34 year olds now living with their parents. Today it is 32%.

Slok sees a bright side to these numbers: they represent pent-up home buying demand awaiting a better job market. When jobs finally arrive, lots of homes should sell.