I'm so terribly confused. How can you read this discussion and come to that conclusion? The whole point is that the number being quoted hides the truth.
Living arrangements have suddenly and dramatically shifted.
Man, those are wide age bands. Big difference from more 19 year olds living at home versus 34 year olds.
And flip that statistic, the percentage not living at home went from 80% to 68%.
Significant? Sure. Massive? Doesn’t seem like it.
And looking at home ownership rates for those under 35 years old, historically - its not that much lower, maybe a 10% relative drop.
So sure, fewer young people owning homes, but it’s <10% relative change. That doesn’t scream crisis to me. The vast majority of young people own homes similar to the past.
It's not comparing 18 year olds to 34 year olds, it's comparing the same age range in different time periods, so the size of the band is also irrelevant. Besides which, 18-34 is a standard range used all the time.
And it seems like you didn't even notice my last comment was your own words.
Living arrangements have suddenly and dramatically shifted.
For First Time in Modern Era, Living With Parents Edges Out Other Living Arrangements for 18- to 34-Year-Olds: https://www.pewresearch.org/social-trends/2016/05/24/for-fir...
Another way to look at it, for the last century until about the year 2000 around 12% of men 24-35 lived with their parents. Now the number is 20%. That's a massive difference. https://www.census.gov/content/dam/Census/library/visualizat...