NEW DATA: Recession Pushes Adult Children Home - Older Parents Pay
Californians anticipating an empty nest in their golden years are now faced with a rocky reality: The Great Recession and its jobless recovery have forced many adult children home, increasing household expenses by 50 percent or more, according to a new study by the UCLA Center for Health Policy Research and the Insight Center for Community Economic Development.
- Two million Calif. adults living with parents. 2/28/2014. The Christian Science Monitor.
- Study: Hard times drive adult kids to return home. 2/27/2014. Bloomberg Businessweek.
- UCLA Study Finds in California, Great Recession Pushes Scores Of Adult Children Home, and Older Parents Pay. 2/28/2014. Sierra Sun Times.
- Hard times drive California's adult kids to return home, study finds. 2/27/2014. Ventura County Star.
- Study: 2.3 million California adults live with parents in hard times. 2/27/2014. Bakersfieldnow.com.
- Hard times drive adult kids to return home. 2/27/2014. Manteca Bulletin.
- More Than 2 Million Adults Living with Parents. 2/27/2014. KFBK News Radio.
- Study: Economic woes pushing millions of adult children to live with parents in California. 2/27/2014. TribTown.com.