{"id":713700,"date":"2026-06-19T14:24:13","date_gmt":"2026-06-19T14:24:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/713700\/"},"modified":"2026-06-19T14:24:13","modified_gmt":"2026-06-19T14:24:13","slug":"one-in-three-adults-under-35-lives-with-parents-amid-housing-shortage-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/713700\/","title":{"rendered":"One in three adults under 35 lives with parents amid housing shortage: report"},"content":{"rendered":"\n<p>Marcus Lemonis argues that high housing prices are primarily due to a lack of supply, not just regulations. He highlights necessary permits and inspections for safety, questioning the claim that removing &#8216;red tape&#8217; would lower prices significantly.<\/p>\n<p>The empty nest is filling back up.<\/p>\n<p>Millions of young adults are delaying life on their own as high housing costs keep them living with mom and dad. In 2025, 25.2 million adults under 35 lived with a parent, according to new data <a href=\"https:\/\/www.realtor.com\/news\/trends\/young-adults-living-with-parents-employed-housing-costs\/\" target=\"_blank\" rel=\"nofollow noopener\">from Realtor.com<\/a>. That amounts to roughly one in three people in that age group.<\/p>\n<p>The numbers point to a housing market that remains difficult to break into, even for young adults with jobs and college degrees, the outlet reported.<\/p>\n<p>&#8220;The adults living with their parents today are largely employed, and many hold <a href=\"https:\/\/www.foxbusiness.com\/category\/college\" target=\"_blank\" rel=\"noopener nofollow\">college degrees<\/a>,&#8221; Hannah Jones, senior economist at Realtor.com, said in a statement. &#8220;What&#8217;s holding them back isn&#8217;t a lack of qualifications, but rather, at least in part, a lack of housing they can actually afford. This is a supply story, not an employment story.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/government-regulations-add-132k-new-home-costs\" target=\"_blank\" rel=\"noopener nofollow\">GOVERNMENT REGULATIONS ADD NEARLY $132K TO COST OF NEW HOME, BUILDERS SAY<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/father-daughter-moving-boxes.jpg\" alt=\"A young woman moves back home with help from her father as high housing costs keep more young adults living with their parents.\"\/> <\/p>\n<p>In 2025, 25.2 million adults under 35 lived with a parent. (iStock)<\/p>\n<p>That supply problem has been years in the making. The U.S. is short of roughly <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-housing\" target=\"_blank\" rel=\"noopener nofollow\">4 million homes<\/a>, with entry-level properties especially scarce. The gap has widened since construction slowed following the 2008 financial crisis, Realtor.com reported.\u00a0<\/p>\n<p>About 70% of 25- to 34-year-olds living with their parents <a href=\"https:\/\/www.foxbusiness.com\/category\/jobs\" target=\"_blank\" rel=\"noopener nofollow\">have jobs<\/a>. In 2000, about one in nine employed adults in their late 20s lived at home. By 2025, that share had climbed to nearly one in seven.<\/p>\n<p>For many <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-us\" target=\"_blank\" rel=\"noopener nofollow\">young Americans<\/a>, moving out has become increasingly expensive.<\/p>\n<p>The national median home listing price is $430,000, up 34.4% from 2019, while the median asking rent has climbed to $1,673, up 17.9% over the same period, according to Realtor.com.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/real-estate\/median-us-home-price-projected-hit-1-million-2050-right-millennials-retire\" target=\"_blank\" rel=\"noopener nofollow\">MEDIAN US HOME PRICE PROJECTED TO HIT $1 MILLION BY 2050 \u2014 RIGHT AS MILLENNIALS RETIRE<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/father-son-moving-boxes.jpg\" alt=\"A father helps his adult son move boxes, reflecting a growing trend of young adults delaying independent living amid elevated housing costs.\"\/> <\/p>\n<p>In 2000, about one in nine employed adults in their late 20s lived at home. By 2025, that share had climbed to nearly one in seven. (iStock)<\/p>\n<p>The delayed move into independent living could eventually translate into a wave of future housing demand.<\/p>\n<p>As affordability improves or more homes are built, millions of young adults who postponed renting or buying could enter the market, Realtor.com reported.<\/p>\n<p>&#8220;Twenty-five million adults living with their parents represents a generation of latent demand the market hasn&#8217;t absorbed,&#8221; Jones said. &#8220;Every adult still in a childhood bedroom is a household not formed, a lease unsigned, a starter home unpurchased. The typical first-time buyer is now 40 \u2014 that&#8217;s not a coincidence, it&#8217;s the math of a market that hasn&#8217;t built enough.&#8221;<\/p>\n<p>The delay can also have long-term <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-finance\" target=\"_blank\" rel=\"noopener nofollow\">financial consequences<\/a>.<\/p>\n<p>Each year spent living at home can delay a young adult\u2019s ability to build housing equity, Realtor.com noted.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/midwest-southern-states-dominate-housing-report-cards-see-how-yours-scored\" target=\"_blank\" rel=\"noopener nofollow\">MIDWEST AND SOUTHERN STATES DOMINATE HOUSING REPORT CARDS: SEE HOW YOURS SCORED<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/real-estate-agent-giving-a-man-the-keys-to-his-new-home-stock-photo.jpg\" alt=\"Real estate agent giving a man the keys to his new home\"\/> <\/p>\n<p>As affordability improves or more homes are built, millions of young adults who postponed renting or buying could enter the market. (iStock)<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener nofollow\">GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/a><\/p>\n<p>The outlook is not getting easier. According to new projections from National Association of Realtors (NAR) chief economist Lawrence Yun, the national median home price is on track to hit $1 million by 2050 \u2014 just as millennials reach the traditional retirement age.<\/p>\n<p>&#8220;Essentially, in about 25 years the national median home price will be a million dollars,&#8221; Yun said at a conference in Washington, D.C., on Tuesday. &#8220;It may be hard to envision that, but back in 1990, the national median price was $90,000.&#8221;<\/p>\n<p>FOX Business&#8217; Kristen Altus contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Marcus Lemonis argues that high housing prices are primarily due to a lack of supply, not just regulations.&hellip;\n","protected":false},"author":2,"featured_media":713701,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28],"class_list":["post-713700","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/713700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=713700"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/713700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/713701"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=713700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=713700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=713700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}