Baby Boomers could not wait to get out on their own. It was seen as a symbol of success to have your own apartment far from Mom’s apron strings. Only losers stayed home according to the pop culture at the time.

Today the opposite is true. Generation Y is very comfortable remaining under their parents’ roof. In fact, women between the ages of 18 and 24 are more than one-third more likely to remain at home than were their baby boomer grandparents. This is according to a MonsterTrak Current Population Survey.

Reasons for the change in generational attitude includes the more freedom given by Gen X parents, the cost of starter homes and apartments, and the increased debt held by college students.

The next question is will “Boomers” be used for Gen Y as a derivative of “boomerang”?

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