Monday, March 13, 2017
Toronto's hot housing market has more young adults living at home with their parents. Geography and Environmental Management professor Nancy Worth spoke with The New York Times on the trend that shows 56.5 percent of people in their 20s (PDF) in the Toronto area still live with their parents, compared with 42 percent nationwide. Professor Worth said, despite negative stereotypes of lazy millennials free-loading in their parents' basements, many of these educated young professionals are actually making smart, strategic choices.
(Originally posted on Faculty of Environment website)