New Jersey’s Boomerang Generation - My9 New Jersey

New Jersey’s Boomerang Generation

Posted: Updated:
Newark, New Jersey (My9NJ) -

Is 27 the new 18 when it comes to living at your parents' house?

According to the US census Bureau, at least 1 in 4 N.J. adults, ages 18-31 live at home and 42% are 24 or older. Experts call it an "epidemic" of millennials leaching off their parents, but does a bad economy and student loan debt crisis justify the situation?

A new survey from Coldwell Banker says parents in the Northeast region are more lenient on this than anywhere else in the US on children moving back home.

But, according to the survey, more than two in three Americans believe that too many adults living at home with their parents are avoiding responsibility, and 65 percent believe too many young adults who move back home after college are overstaying their welcome.

Dr. Susan Newman, a Jersey-based social psychologist and author of the book “Under One Roof”, she says it’s almost expected for kids in N.J. to move back into their suburban homes after college.

But a Moody's study shows that each new household that is created helps stimulate the economy, so children moving back home might actually hurt economic growth in the state.

  • Chasing New JerseyMore>>

  • Sound From NYC Pier Concerts Angering NJ Residents

    Sound From NYC Pier Concerts Angering NJ Residents

    Wednesday, July 30 2014 11:40 AM EDT2014-07-30 15:40:11 GMT
    Some residents of West New York, New Jersey are happy with their beautiful views of Manhattan, but aren’t too happy about the noise that is coming over from the city. Residents who live at the Hudson Club apartment complex at Port Imperial say that the music that reportedly comes from a new concert hall at Pier 97 across the Hudson River in New York City is affecting their quality of life.
    Some residents of West New York, New Jersey are happy with their beautiful views of Manhattan, but aren’t too happy about the noise that is coming over from the city. Residents who live at the Hudson Club apartment complex at Port Imperial say that the music that reportedly comes from a new concert hall at Pier 97 across the Hudson River in New York City is affecting their quality of life.
  • Roxbury Is Stronger Than The Smell

    Roxbury Is Stronger Than The Smell

    Wednesday, July 30 2014 11:39 AM EDT2014-07-30 15:39:45 GMT
    A group of residents from Roxbury, New Jersey, who have been dealing with the Fenimore Landfill and toxic fumes coming off the landfill went down to Trenton yesterday in front of the New Jersey DEP office where they rioted in front of a new billboard the residents had just purchased.The billboard reads “The new ‘common sense’ solution to environmental protection”.
    A group of residents from Roxbury, New Jersey, who have been dealing with the Fenimore Landfill and toxic fumes coming off the landfill went down to Trenton yesterday in front of the New Jersey DEP office where they rioted in front of a new billboard the residents had just purchased.The billboard reads “The new ‘common sense’ solution to environmental protection”.
  • Battle Over Belmar Boardwalk

    Battle Over Belmar Boardwalk

    Wednesday, July 30 2014 11:36 AM EDT2014-07-30 15:36:45 GMT

    The Belmar boardwalk, which was completely destroyed during Superstorm Sandy, is now newly rebuilt and beautiful. 

    The Belmar boardwalk, which was completely destroyed during Superstorm Sandy, is now newly rebuilt and beautiful. 

Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices