Study: Hard times drive adult kids to return home
LOS ANGELES (AP) -- A new study reports that more than 2.3 million adult children are living with their parents in California, a 63 percent increase since the Great Recession began seven years ago.
Researchers say the rush back home is driven by unemployment, home foreclosures and other financial woes.
The study, released Thursday by the UCLA Center for Health Policy Research, found that more than a half-million adult children who returned home are living with parents 65 or older. Nearly half of those children are unemployed.
Lead author Steven P. Wallace says that puts a strain on older people on fixed incomes, who must support both themselves and their children.
Researchers recommend increasing housing, financial and food benefits for seniors and encouraging the children to apply for Medi-Cal health benefits.