In the Bay Area, 1 in 4 Millennials (and 3 in 4 Gen Zers) still live at home

In the Bay Area, 1 in 4 Millennials (and 3 in 4 Gen Zers) still live at home

11 months ago
Anonymous $Wk0x7O2ZQM

https://www.siliconvalley.com/2023/11/25/in-the-bay-area-1-in-4-millennials-and-3-in-4-gen-zers-still-live-at-home/

After Kelly Zhao earned a master’s degree in ethnic studies from UCLA last year, she followed the lead of so many other young graduates thrust into a competitive job market: She moved back in with her parents while she looked for work.

Upon returning to her childhood home in Pittsburg, Zhao, 25, soon found a job with a local advocacy group, making around $70,000 a year. But even then, she said, renting an apartment just doesn’t make financial sense right now, especially while contributing around $1,500 a month toward her parents’ mortgage.