25~34 years 5 out of 1, highest-ever share living with parents
An analysis by John Burns Research found that 25~34-year-olds, about 5 out of 1 were living with a parent or grandparent, marking an all-time high. It is the result of reaching a new high after declining for a while following a sharp increase during the pandemic (2020). Investors need to examine changes in housing demand and consumption patterns.
25~34-year-olds, about 5 out of 1 were counted as living with a parent or grandparent, so investors need to examine changes in housing demand and consumption patterns.
An analysis of population survey data by John Burns Research and Consulting found that this share had reached an all-time high. The analysis was released on 8 (local time).
The report presented the cohabitation rates for the 25~34 age group. The findings were presented as observations at that point in time, rather than as a continuous time series.
The data 25~34showed that the rate of living with parents among those aged years 2020surged during the pandemic. It explicitly stated that afterward, the rate declined for several years as lending rates plunged and companies increased hiring.
The analysis also mentioned Eric Finigan, a demographer affiliated with John Burns. The report did not provide a specific analysis of the causes or additional breakdown tables.
The original data are based on an analysis of census data. The company organized and published the figures focusing on the rate of living with parents by age.
Investors should compare these data with the housing market, consumer goods sales, and household finance indicators.
Sources: 연합인포맥스
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