Share “Two million Calif. adults living with parents”

Two million Calif. adults living with parents

www.csmonitor.com Published: March 3, 2014
Advertisement

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

AROUND THE WEB

  1. 1
    The most popular liquor in every state
  2. 2
    The FBI has subpoenaed lewd text messages between Subway's Jared Fogle and a former Subway...
  3. 3
    Bison Attacks Woman Who Tried to Take a Selfie With It
  4. 4
    Down Payment Programs Not a Scam, FHA to Tell HUD Watchdog
  5. 5
    13 Fascinating Careers You Never Knew Barbie Had
+ show more

FEATURED JOBS



× Trending around the web Article