According to U.S. Census Bureau data, approximately 1 in 3 U.S. adults ages 18 to 34 live in their parents' home, a trend accelerated by the pandemic.
Joanne Hsu noted that during economic challenges, young adults often struggle to move out, reiterating that shocks like the pandemic significantly impact their financial stability.
Hsu remarked on the media narratives surrounding millennials, indicating that societal perceptions often overlook the severe financial pressures young adults face.
A 2024 survey revealed that over half of Gen Z adults feel they lack sufficient income to achieve their desired lifestyle, highlighting issues with affordability.
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