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Many young adults throughout the industrialized world are living with their parents for increasing periods of...

Many young adults throughout the industrialized world are living with their parents for increasing periods of time. This selection examines the economic changes that have created this contemporary shift in family life.Why do you think this trend has happened in so many industrialized nations?

  1. What economic shifts contribute to this trend? Cultural shifts?How might children living with parents create changes in families and the life course in the future?
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This trend has happened and is yet continuing in many of the industrialized nations as this allows Individuals in order to depend on and care for their parents at the same time, while reducing the overall expenditure and stress associated with taxes, paying rent and other factors. The economic shifts which may have contributed to this trend includes the increase in property taxes, the hike in living expenses and so on. The cultural shifts includes borrowing values from esteem cultures in general. This can create a change in families and the course of life in future as it is bound to improve the sense of family attachment, and would also reduce the negligence of the elderly.

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