Think Millennials living at home with their parents are just lazy? Could be they’re incredibly savvy. When faced with rising debt, poor job prospects, and expensive housing, moving home may be a wise finance choice for young consumers. Fifteen percent of 25-35-year-olds lived with their parents last year, according to Pew Research Center, and these so-called “’boomerang’ kids” could be making “the smart, strategic choice” when they return home to cut costs, saving money for a house or to switch careers. In other words, the trend may be more indicative of the overall economic landscape than their character. (Curbed)
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