If America is going to keep existing, then young people are going to have to form households. You can’t sleep on Twitter or take a shower on Instagram or raise a child on Facebook. At least not exclusively. A generation often characterized by its digital connections still has to go somewhere. So how should a good millennial live?
There are three main options, though very few people have all of them. A third of 18-34 year olds live in households headed by a parent or other family member according to a Pew Research survey from July. A smaller portion, 14 percent, own their own home, many of whom received help from their parents with the down payment. For the plurality there’s renting, and paying half their income is normal, especially in high-cost cities where young adults are concentrated.