High interest rates, student debt, and the lack of starter home inventory are making it harder than ever for young adults to live on their own.
In fact, the most recent U.S. Census figures found that 33% of individuals aged 18 to 34 live with their parents—nearing the historic highs seen during the COVID-19 pandemic.
Some states are experiencing this trend more than others. It’s most common in New Jersey (44.1%), Connecticut (41.3%), California (39.1%), Maryland (38.5%), and Florida (36.6%)…