Generation Kim Kardashian: Even wealthier millennials living at home

Millennials are imitating Kim Kardashian in ways they may not even realize.

MarketWatch equates Kim Kardashian’s experience of having briefly moved back in with her mother as a trend some millennials are following.

As MarketWatch notes:

The growth in the share of underemployed 25- to 34-year-olds living with their parents explains just three quarters of the uptick in young adults living at home since 2001, according to a note published by the bank earlier this week. That means there’s more to young adults’ increased tendencies to live at home than simply their well-documented struggles to find a job in a sluggish economy.

Thus, like the Kim Kardashian, some millennials are moving back or have never left home, despite their wealth status. It’s even mentioned in the subheadline that “the stigma associated with living with mom and dad seems to be dissipating in the U.S.” As is mentioned later in the piece, the same situation seems to be occurring in other countries.

It’s one thing for millennials to be living at home due to economic hardship or a family situation. There is at least a reason to be living at home. And, it ought to be a temporary situation. But when there is no reason, or it’s simply out of laziness, the situation may raise some eyebrows. This is especially if it is really to become “the new normal for American young adults,” and if “a generational shift in attitudes may also mean that living with mom and dad becomes an expectation for more young Americans.”

by is licensed under