Friday, May 26, 2017

A Secret of Many Urban 20-Somethings: Their Parents Help With the Rent

Almost half of people in their early 20s have a secret, one they don’t usually share even with friends: Their parents help them pay the rent. Moving into adulthood has never been easy, but America’s rapidly changing labor market is making it harder to find economic security at a young age. Skilled work is increasingly concentrated in high-rent metropolitan areas, so more young people are tapping into their parents’ bank accounts....
https://www.nytimes.com/2017/02/09/upshot/a-secret-of-many-urban-20-somethings-their-parents-help-with-the-rent.html?em_pos=medium&emc=edit_up_20170522&nl=upshot&nl_art=8&nlid=78638145&ref=headline&te=1

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