A recent report from LendingTree says 32% of young adults moved back home during the pandemic – two-thirds of which are still there. Slightly more than half (51%) of those who moved home said it was out of necessity. Indeed…
“The pandemic turned back time for many empty nesters, as their homes were suddenly filled with the pitter-patter of their young adult children’s feet returning to the relative safety and financial security of their parents’ homes. But in the two-plus years since the pandemic’s onset, only a third of those who returned home during the pandemic have spread their wings and flown their parents’ coop again.”
Click here to read the full report at LendingTree.