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Study Reveals High Percentage of Young Adults Living with Parents in Certain US States, as Survey Shows Nearly Half of US Parents Support Adult Kids Financially /
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2024-06-23 05:51:36

Study Reveals High Percentage of Young Adults Living with Parents in Certain US States, as Survey Shows Nearly Half of US Parents Support Adult Kids Financially on Nostr: Challenges Faced by Older Adults in Washington Wanting to Age in Place Amid Rising ...

Challenges Faced by Older Adults in Washington Wanting to Age in Place Amid Rising Home Modification Costs
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#95e676d1 ver:0.13

Many older adults in Washington face challenges aging in place due to costly home modifications, while young adults struggle with high living costs and rely on parental support. Nonprofits in Seattle help low-income homeowners with repairs, but costs have doubled. A study shows many young adults live with parents, especially in Hawaii and California, due to unaffordable housing. A survey reveals parents provide financial assistance to adult children, with millennials believing parents should help with rent. Experts suggest millennials save more or adjust expectations for homeownership. Some cities with high proportions of young adult homeowners are college towns. Many Americans want to live closer to their moms for cost-cutting and childcare. These findings highlight the need for financial conversations and planning for both generations. #AgingInPlace #HousingCosts #ParentalSupport #Millennials #Homeownership #FinancialIndependence...

#newstr #AgingInPlace #HomeModifications #AffordabilityCrisis #Seattle #Nonprofits #LowincomeHomeowners

https://here.news/story/95e676d1?ver=0.13
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