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The Real Reason So Many Millennials Are Living With Their Parents

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Over the past decade, the number of millennials still living at their parents’ or grandparents’ homes has risen steadily, as new data has determined.

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The trend started just before the Great Recession of 2008, but actually picked up pace during the downturn and the recovery.

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Data from real estate analytics company Trulia discovered that almost 40 percent of millennials are living with relatives, marking the highest point in 75 years. In fact, the only time in U.S. history the share has been higher was 1940, during a time the economy was picking itself back up following the Great Depression, as well as the year prior when the U.S. entered World War II.

It seems the current data is tied to two major facts, including society shifts and economic setbacks, as well as low wages, student debt, and rents that have been rapidly increasing.

“Even though unemployment rates have decreased and the economy is picking up, we know wages are stagnant, so this will impact this generation of homebuyers,” explained Cheryl Young, senior economist at Trulia. “The millennials are getting married later and having fewer children, and that’s particular to this generation.”

Earlier this year, the Pew Research Center revealed that 32.1 percent of  18-to 34-year-olds lived with their parents in 2014, which surpassed the 31.6 percent of millennials living with a partner or spouse in their own household.

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It’s no secret the last decade has proven difficult to millennials. Coming of age during a time of economic downfall, they were met with a time of incredulous unemployment rates and more cautious credit markets. And while it proved more difficult to qualify for a mortgage after the recession, millennials were taking on an increasing amount of student debt.ft_16-06-02_livingathome_age-1

Housing prices have bounced back since the recession, while rent rates have gone through the roof due to higher housing prices and the demand for rental apartments skyrocketing.

“For most people who take the traditional trajectory, you might rent, then you are ready to buy a home,” Young noted. “But if people are living with relatives, it means they aren’t even able to rent. The rental prices are very high in some urban areas, and those are barriers for people to move out.”

And to put icing on the cake, millennials aren’t even earning as much as Generation X did at the same age. In 2014, it was reported that the median income for millennial households was $61,003, compared to Gen Xers inflation-adjusted $63,365 in 1998.

According to Harvard’s Joint Center for Housing Studies, homeownership rates for Americans in their 20s and 30s have fallen dramatically, and are expected to only continue in a downward spiral over the next few years, with even more young graduates deferring loan payments, of which the grace periods are nearing an end.

Just over 35 percent of Americans under the age of 35 actually own their own homes. This is a decline of 8 percentage points from 2004, showing the reality the recession, student loans, and more have had on millennials.

Young says there are many millennials still purchasing homes, however. Their generation is the largest of all age groups at the current time, and therefore make up the largest portion of first-time home buyers, despite the trend of living at home. Millennials are also faced with the challenge of a lack of starter homes, however.

It’s a much different world than the baby boomers experienced. In fact, when they came of age in the 1970s, a mere 25 percent of their group lived at home.

The living-at-home trend has been followed closely by the real estate industry, because millennials are changing the workings of the housing market.

What Does It Mean For You?

If you are a millennial, or any generation really, this might give us another chance to reflect and realize we can’t compare ourselves to others and how they lived their lives. Times are different at each moment and there’s no set way to live life. You are not “behind” or “doing it wrong”, you’re simply having a different experience.

Not just that, why do we try to define ourselves and our ‘success’ as how much money we have, what car we have or what house we have? We do it because that’s how we’ve been told to define success, it’s an illusion, a belief a game. It won’t make up truly happy.

So if you find yourself struggling, comparing yourself to others or down and out about your situation no matter what age, remember who you truly are and what it truly means to be you. Don’t focus  on trying to fit a certain mould of success. You’ll find it might take a moment to eve truly become more self aware about who YOU are once you begin looking beyond these surface level ideas of who you think you are.

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Attention Readers: We’ve Moved Our Journalism To The Pulse

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Take a moment and breathe. Place your hand over your chest area, near your heart. Breathe slowly into the area for about a minute, focusing on a sense of ease entering your mind and body. Click here to learn why we suggest this.

A large portion of our journalism that you’re used to seeing on our Collective Evolution platform has now moved over to The Pulse. We will be publishing most of our news articles there, while Collective Evolution focuses more on personal development.

You can follow The Pulse on Telegram, Facebook, Instagram and Twitter.  

We’ve done this for a number of reasons, mainly due to the struggles we’ve had with regards to extreme censorship at Collective Evolution. We hope you join us over at The Pulse in our quest to keep doing what we do!

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Our new course is called 'Overcoming Bias & Improving Critical Thinking.' This 5 week course is instructed by Dr. Madhava Setty & Joe Martino

If you have been wanting to build your self awareness, improve your.critical thinking, become more heart centered and be more aware of bias, this is the perfect course!

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Abductions & Car Vandalism – Startling Australian UFO Report Unclassified

Gautam Peddada

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An uncovered Australian report performed by their Department of Defence. “Scientific Intelligence — General — Unidentified Flying Objects” is trending again. Those who have done extensive research on UFOs will find the Australian version of disclosure to be far more intellectually honest than the American version. Albeit it was conducted decades ago.

According to ex-US intelligence official Luis Elizondo, the Defense Department’s Inspector General is presently conducting three reviews. The inquiries vary from the Department of Defense’s handling of UFO claims to Elizondo’s alleged whistleblower retribution. The open IG cases are crucial to Australia’s report because they establish beyond a shadow of a doubt that the US Department of Defense is being dishonest and shady when it comes to the UFO subject. For decades, Australia has been a loyal friend of the United States. Within Australia’s boundaries, they share a military installation (Pine Gap). When a close defense ally’s intelligence agencies determined that the US was not being intellectually honest in its approach, perhaps it is reasonable to conclude that there is more to the tale than the 144 incidents studied since 2004 by the UAPTF.

The CIA became alarmed at the overloading of military communications during the mass sightings of 1952 and considered the possibility that the USSR may take advantage of such a situation.

Australian UFO study.

According to the summary, OSI, acting through the Robertson-Panel, encouraged the USAF to use Project Blue Book to publicly “debunk” UFOs. In a tragic twist of fate, when Australian authorities sought explanations from the US Air Force, the allegation was debunked. The authors of the study were depicted as conspiratorial and even crazy by the US Air Force. Ross Coulthart reported this, and it may be heard in a recent Project Unity interview. Courthart is an award-winning investigative journalist who is drawn to forbidden subjects. He also stated on the same podcast that a senior US Navy official identified as Nat Kobitz told him that the US had been in the midst of reverse-engineering numerous non-human craft. According to his obituary, Mr. Kobitz was a former Director of Research and Development at Naval Sea Systems Command.

Continue reading the entire article at The Pulse. 

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PGA Tour To End COVID Testing For Both Vaccinated & Non-Vaccinated Players

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In Brief

  • The Facts:

    The PGA Tour has announced that it will stop testing players every week, regardless of whether they have been vaccinated or not.

  • Reflect On:

    Are PCR tests appropriate to identify infectious people? Should people who are healthy and not sick be tested at all, anywhere?

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Take a moment and breathe. Place your hand over your chest area, near your heart. Breathe slowly into the area for about a minute, focusing on a sense of ease entering your mind and body. Click here to learn why we suggest this.

The picture you see above is of John Rahm, a professional golfer on the PGA tour being carted off the golf course after tournament officials told him he had COVID. He was healthy and had no symptoms, yet was forced to withdraw from the tournament. He was told in front of the camera’s, and a big scene was made out of the event. You would think something like that, especially when you are a big time sports figure, would be done behind closed doors with some privacy.

Earlier on in June a spokesperson for the PGA Tour said that more than 50 percent of players on the PGA tour have been vaccinated. Although it seems that the majority of players on the tour will be fully vaccinated judging by this statement, it does leave a fairly large minority who won’t be, and that’s something we’re seeing across the globe as COVID vaccine hesitancy remains high for multiple reasons.

We are pleased to announce, after consultation with PGA Tour medical advisors, that due to the high rate of vaccination among all constituents on the PGA Tour, as well as other positively trending factors across the country, testing for COVID-19 will no longer be required as a condition of competition beginning with the 3M Open. – PGA tour Senior VP Tyler Dennis

The tour recently announced that the testing of players every week will stop starting in July for both the vaccinated and the unvaccinated. This was an unexpected announcement given the fact that, at least it seems in some countries, vaccinated individuals will enjoy previous rights and freedoms that everyone did before the pandemic. Travelling without need to quarantine and possibly in the future not having to be tested could be a few of those privileges. Others may include attending concerts, sporting events, or perhaps even keeping their job depending on whether or not their employer deems it to be mandatory, if that’s even legally possible. We will see what happens.

Luckily for professional golfers, regardless of their vaccination status they won’t have to worry about testing positive for COVID, especially if they’re not sick. This is the appropriate move by the PGA tour, who is represented by their players and it’s a move that the players themselves may have had a say in. It’s important because PCR tests are not designed nor are they appropriate for identifying infectious people. A number of scientists have been emphasizing this since the beginning of the pandemic. More recently, a letter to the editor published in the Journal of infection explain why more than half of al “positive” PCR tests are likely to have been people who are not infectious, otherwise known as “false positives.”

This is why the Swedish Public Health agency has a notice on their website explaining how and why polymerase chain reaction (PCR) tests are not useful for determining if someone is infected with COVID or if someone can transmit it to others, and it’s better to use someone who is actually showing symptoms as a judgement call of whether or not they could be infected or free from infection.

PCR tests using a high cycle threshold are extremely sensitive. An article published in the journal Clinical Infectious Diseases found that among positive PCR samples with a cycle count over 35, only 3 percent of the samples showed viral replication. This can be interpreted as, if someone tests positive via PCR when a Ct of 35 or higher is used, the probability that said person is actually infected is less than 3%, and the probability that said result is a false positive is 97 percent. This begs the question, why has Manitoba, Canada, for example, using cycle thresholds of up to 45 to identify “positive” people?

When it comes to golf, the fact that spread occurring in an outdoor setting is highly unlikely could have been a factor, but it’s also important to mention that asymptomatic spread within one’s own household is also considerably rare. It really makes you wonder what’s going on here, doesn’t it?

Dive Deeper

Click below to watch a sneak peek of our brand new course!

Our new course is called 'Overcoming Bias & Improving Critical Thinking.' This 5 week course is instructed by Dr. Madhava Setty & Joe Martino

If you have been wanting to build your self awareness, improve your.critical thinking, become more heart centered and be more aware of bias, this is the perfect course!

Click here to check out a sneak peek and learn more.

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