Special Report: Young Adults Living at Home

Shift in Young Adults’ Living Arrangements Impacts Apartment Sector

November, 2020

 
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Number of young adults living at home positioned to remain historically high in the near term. Widespread job losses and college closures recorded at the onset on the pandemic have heightened the number of 18- to 34-year-olds that live with parents or relatives. This situation is creating uncertainty surrounding future apartment demand, especially in higher-priced downtown neighborhoods with large millennial populaces.

Report Highlights:

  • Deep-dive demographic analysis

  • Impact of young adult relocations on rental demand in major metros

  • Identification of locales where circumstantial investment opportunities may emerge

 
COVID-19Peter StandleySpecial Reports, Consumer Behavior, Nov 2020, Vacancy, 2