Saturday , 23 January 2021

Ocwen Recent History; What is the NRHC?; Servicing Deals

By Rob Chrisman

Posted To: Pipeline Press

Young adults are stacking up, but not shacking up – according to a recent Zillow analysis . Most young adults are living with their parents or living with friends in order to defray housing costs rather than cohabitating with a significant other. Low wages, minimal employment opportunities and the high cost of rent has forced many young adults to pack into fewer households, increasing household size but negatively impacting the rate of household formation. Between 2000 and 2013, the percentage of 23 to 34 year olds living with family increased 46% whereas the share of 23 to 34 year olds living with a significant other fell 21%. Zillow also found that the rate of young adults living with two or more roommates has increased at a higher rate and that a greater share of working adults are living…(read more)

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