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Boomerang Kids

Here in America, there is a relatively new movement called Boomerang Kids, where young adults leave home for work or school and then return to live with their parents. This is a real departure from the cultural norms of even ten years ago, and so I’m fascinated by the change back toward multi-generational households.

A quick google search will reveal many articles on the topic, but here is a link to a Pew report published last month that give a great overview of the trend as well as some really interesting statistics: http://www.pewsocialtrends.org/files/2012/03/PewSocialTrends-2012-BoomerangGeneration.pdf

So, I’m curious to know what you all think about:

  1. The long term effects of young adults delaying their move out of their parents homes. What does this mean for the adult children and for the parents?
  2. The reasons why this is happening? Is it only a function of the current economy or is there something more at play? Will this trend continue?
  3. How this is similar or different to other cultures/countries represented in the class
  4. How this movement is affecting the economy (ie. fewer households, discretionary income, debt, etc)?

Looking forward to hearing all of your perspectives and insights!


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