Overview
The Boomerang Generation is a growing trend where young adults return to live with their parents after experiencing independent living. This phenomenon is influenced by various economic factors, such as high student debt and a challenging job market, as well as changing social norms that have made l...
Key Terms
Example: Many millennials are part of the Boomerang Generation due to high living costs.
Example: High student debt can make it difficult for graduates to afford their own homes.
Example: Many young adults seek independence by moving out of their parents' home.
Example: Family dynamics can change when adult children return home.
Example: Cultural norms around living arrangements have shifted in recent years.
Example: Economic factors like unemployment rates can lead to more young adults moving back home.