If you're part of the 32 percent of young Americans still living with your parents, don't feel too bad—42 percent of young Canadian adults are in the same boat, according to new data from Statistics Canada.
The data, released Wednesday, shows that nearly half of young people aged 20 to 29 in Canada still live with their parents. That number has gone up from 27 percent in 1981, and the report says this spells trouble, especially for low-income immigrant families who don't have the money to launch their children into the world. (This also spells trouble for young people getting laid in peace, but that's another issue entirely.)
The study cites an increase in difficulty for young people in becoming independent over the last few decades, making note that nine out of ten young people who are still living with their parents are either completely unable or unwilling to contribute for expenses like rent, energy, or food.
"It has been noted [that] young adults today take longer than previous generations to achieve their independence, as evidenced by their older ages when leaving school, leaving home, entering the labor market, forming a union, and childbearing," the study reads.
The data also echoes the American data, showing that young Canadian men are also more likely to be living at home with their parents than women, although the study says this is because young women are more likely to marry or start a stable relationship than young men, which decreases financial burden.
Basically, get married or you're SOL.
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