Parasite singles

70.jpg56% of men and 43% of women aged 18-24 still live at home in the US. In Japan young adults that won’t leave home are called parasite singles (because they pay little or no rent) while in Australia they’re called boomerang kids (because you throw them out but they keep coming back). The high cost of real estate and student loans means that this trend will accelerate causing all sorts of social problems including young adults with no independence or initiative. The trend is also fuelling growth in so-called ‘Third Places’ (places that are in between home and work).

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