On today’s show we’re talking about household formation and why some adult children are living at home for so much longer than in generations past.

It’s not secret that home affordability is a problem for many who are newly independent young adults.

There are a few paths:

1)   After kids leave home they get a job, the best job you can get, and hope to save money from left over after they’ve  paid rent, the car, student loan, and the latest meal from door dash.

2)   Get a high earning job, rent a modest apartment and save up their pennies until they can afford a downpayment for a home.

3)   Get a loan for the downpayment from their parents

4)   Save most of their salary while living at home until they can afford a downpayment.

It seems like an increasing proportion of young adults are relying on methods #3 and #4.