Young Homeowners Have A Harder Time Staying Out of Poverty


by SavvyRoo on Jul 7, 2014 | Views: 74 | Score: 0
Household Poverty Rates For Householders Aged...
Under 2543
25-4417
45-6412
%
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SavvyRoo
SavvyRoo on Jul 3, 2014 1:52 PM said:

Young adults are living at home in higher numbers because moving out might mean living in poverty. 56% of 18-24 year olds lived at home in 2012, the highest rate since the 1970s. Over 4.6 million adults under age 25 are “householders,” renting or owning a place in their name. They are constrained by low incomes, living costs and debt.