OT: More great economic news - The Percentage Of Adult Americans Living With Roo

Nov 4, 2014, 2:26 AM

Having trouble coming up with your $4k/month rent due to "unexpected expenses"? Get a roommate!

"Millennials living in their parents' basement is a somewhat tired trope, but the idea of doubling up — moving in with a roommate (or a family member) because incomes are stagnant and rents are rising — is a real phenomenon.

A new report out from Zillow shows that the number of adults in doubled up households increased to almost a third of all households, from 25.4% back in 2000. That's a loss of 5.4 million potential household formations.

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SlickSpic11 years ago

These Millenials need to take a page out of the Mexican extended family handbook and drywall the garage. That's some high class living.

Dougster11 years ago

We are doomed! DOOMED!

Because "businessinsider" says so!

shailynn11 years ago

This echoes an article I read the other day - millennials don't want houses - they want fancy apartments because they don't know shit about investments - idiots!

ATACdawg11 years ago

Slick, would you say that the branch of the family living adjacent to the door into the house are living larger than the branch living near the vehicle door(s)? I was just thinking that the potential for light and fresh air might more than compensate for the sudden "exposure" of a door going up. Also, if you have cars with good recling seats you don't even need to furnish the garage!

SlickSpic11 years ago

Haha!

Dougster11 years ago

DOOMED!

zipman6811 years ago

Are they dudes living with two sexy chicks that pretend to be gay so Don Knotts doesn't evict them? 'Cos that shit started in the '70s. In the UK. (OK...OK...it wasn't Don Knotts in the British version)

san_jose_guy11 years ago

I was just reading in the Metro ( SJ Arts and Entertainment paper ) about discussion of rent stabilization in Mountain View. One woman has a BA in sociology and she works three jobs at $12 per hour. Legal Assistant, Cashier, and Nanny. All she can afford is a corner of someone's apartment living room. She wants to go to Law School. But people cannot live like this. It is very common, people working one or more jobs and still not even being able to afford to rent. It became common knowledge some years back that SJSU faculty cannot afford to rent.

The system is broken. Eventually this mess will all collapse and I say BRING IT ON!

SJG

Dougster11 years ago

DOOMED!

san_jose_guy11 years ago

^^^^^^^^ Traditionally sex work has been a second career for women. But now it seems to be a first career. Just look at JS69 and his 19yo Stripper Without Blemish. I mean where are the parents of that girl?

She should be able to live with her parents for as long as she needs to, like to finish college, to get a career which will give her a living and a future, or at least until she has a husband who can provide that.

But for some reason she feels she needs to get away from her parents, so she is crossing lines still considered taboo. She makes enough money to live and to build up a nest egg. But she has also abandoned most of the things young women have always wanted.

So were are not only DOOMED, things are already going very strange. A large portion of young people have no future. And many older folks don't either.

This economic boom you are boosting for will solve nothing as it will only widen the gap between rich and poor.

SJG

PhantomGeek11 years ago

Her parents might be getting their cut. And why does a woman have to have a husband to provide her with a living and a future? That's a little 1950s, don't you think?

san_jose_guy11 years ago

The girl either needs to be earing a living, being supported by a husband, or being supported by her parents. If she lacks the first two, then the third should always be there without question and for a long as needed.

So that you would see young women turning to sex work as a first career already tells us that our society has broken down.

SJG