Fed researchers look at age-old problems in US economy
More adults are moving in with parents and retirement levels normalise post-Covid, studies find
The rate at which adults move in with their parents “is increasing rapidly”, according to research from the Federal Reserve Bank of Boston.
The study, published on July 8, finds that in 2023, 1.2 million additional adults – over and above the numbers that could be accounted for in long-term growth trends – had moved in with their parents. Housing mobility had also fallen across all age groups over the previous four years, with that of older generations decreasing at a particularly high rate.
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