Latest / Mortgage Research Network Podcast
Delayed Adulthood: Why 15 Million Young Adults Still Live at Home
The average first-time homebuyer is now 40 years old, and nearly 15 million young adults still live with their parents. Tim Lucas and Craig Berry dig into the data behind this generational housing shift and what it means for the future of wealth and independence in America.In this episode you’ll learn:The numbers: Only 2% of buyers are under 24, and just 10% are 25–34—down from 40% pre-2008.Living arrangements: Nearly half of 18–24-year-olds live with parents, and millions more with relatives or in dorms.Economic headwinds: Youth unemployment at 10.5%, two-thirds earning under 80% of local…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.