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Two million Calif. adults living with parents

www.csmonitor.com Published: March 3, 2014
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More than 2.3 million adult children are living with their parents in California, a 63 percent increase since the Great Recession began seven years ago and a phenomenon straining budgets and pushing some families to the brink of poverty, according to a study released Thursday.

Researchers from UCLA and the Oakland-based Insight Center for Community Economic Development say job losses, home foreclosures, and divorces are among the factors driving hundreds of thousands of adults to return to their childhood homes. In many cases, those homes are headed by parents who are approaching or in retirement, and are living on fixed incomes themselves.


See this story on www.csmonitor.com

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