Last week, Derek Thompson at the Atlantic unveiled a potentially devastating critique of the endless wave of trend pieces about the surge in young people living at home with their parents. The key is a single sentence lurking in the Census Bureau's reports on housing in America:
It is important to note that the Current Population Survey counts students living in dormitories as living in their parents' home.
Yikes. So is everyone wrong about everything? Fortunately, no. Housing economist Jed Kolko rides to the rescue with a definitive analysis proving that all your pre-existing biases are correct. There really are a lot more young people living with their parents today than there were ten years ago.
Interested? Keep reading by clicking the source link below!