From the American Interest: Why Millennials Are Still Living with Their Parents

Pew’s analysis of U.S. Census Bureau data finds that in spite of an improved labor market, “the nation’s 18- to 34-year-olds are less likely to be living independently of their families and establishing their own households today than they were in the depths of the Great Recession.” The unemployment rate for 18- to 34-year-olds has decreased from its 2010 peak, while median weekly earnings for workers in that age group have risen marginally from a 2012 nadir. Yet the share of young adults living independently — that is, “in a household headed by the adult, his or her spouse or unmarried partner, or some other person not related to the adult” — was 67 percent in the first four months of 2015, down from 69 percent in 2010 and 71 percent in 2007. Likewise, 26 percent of young adults were living in a parent’s home in the first third of this year, up from 24 percent in 2010 and 22 percent in 2007.

Falling incomes:

But more specifically, since 2011 income has been falling relative to rent and home prices:

Despite the bond market alluding to low inflation, the same can’t be said for rents, especially in the Bay Area, Seattle, and New York:

That’s why it’s smart that millennials are living with their parents longer, using the saved $ to eventually buy a home instead of making the landlord rich. It’s not immaturity – it’s adaptation.

Over the long-run, buying is better than renting…this especially true in regions where homes prices are rapidly appreciating, such as in the Bay Area.

Source: When Buying Is Better Than Renting. . .

A generation ago, all too many people were caught up in the idea of independence as in location independence, but millennials care more about financial independence, even if that means living with parents longer to secure a better financial future by using the saved money & time to buy a home, invest in stocks, or learn high-paying skills. Stock and home prices have risen markedly since 2011, and will continue to do so; why make other people rich when you can be doing so yourself?

In regard to MGTOW, since MGTOW is both a philosophy and a lifestyle, you can be MGTOW and live with your parents. If you’re 20 and have a crappy job making $1500 a month after taxes, if that money goes in your pocket instead of to a landlord or a needy girlfriend, after 5 years you will have $90,000 – enough to put a down-payment on a decent home, or even buy one outright. Thus in exchange for the temporary inconvenience of living with your parents, later you will have the financial means to ‘go your own way’ physically, too. Millennials know that the way your achieve financial independence in an increasingly competitive economy is to look out for number one – yourself – before all others.

Related: Why Personal Finance Has Become So Important To Millennials