Wednesday, December 21, 2011

State of Young America: Youth Housing

According to The State of Young America: Economic Barriers to the American Dream:

The share of young households spending more than 30% of income on rent was stable for two decades, but grew after 2000 to reach 41% in 2009.

Long-term economic trends, rising rental costs, and the Great Recession can all be seen in the decision to move home with parents.

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