The Wall Street Journal reports on a new series of studies about the trend towards young adults moving back home to live with their parents.

WSJ discusses findings highlighted by sociologist Katherine Newman…

“More upper- and middle-income parents, including many who felt pressed for time when their children were growing up, aren’t ready to be ‘finished with them’ by their 20s, says Katherine Newman, a Princeton University sociology professor and one of the project’s 20 researchers. Also, as more students attend college at older ages, parents are coming to regard the 20s as a time of self-discovery.”

And co-investigators…

“Researchers on the project set out to document economic factors driving the trend, but found it’s bigger than the financial causes usually blamed for it. To be sure, rising housing and commuting costs play a role, Dr. Yelowitz found. But neither those factors nor job-market changes fully explain the 25-year trend. The biggest increase in young adults living with parents came in the 1980s, when the labor market generally improved, he found. And rising real housing costs explain only about 15% of the drop in independent living among young adults, which started years before the sharpest run-up in housing.”

Full story.