A NATIONAL ASSOCIATION OF HOME BUILDERS STUDY REVEALS THAT THE SHARE OF 25- TO 34-YEAR-OLDS LIVING WITH THEIR PARENTS INCREASED TO 19 PERCENT IN 2012, FROM AROUND 12 PERCENT IN 1990 THROUGH 2005. ACCORDING TO THE STUDY THESE “OLDER YOUNG ADULTS” USUALLY ACCOUNT FOR ABOUT HALF OF FIRST-TIME HOME BUYERS BUT THAT THEIR DELAYED WILLINGNESS AND ABILITY TO LEAVE AND STRIKE OUT ON THEIR OWN HAS CONTRIBUTED TO A SUPPRESSED HOUSING DEMAND. MANY YOUNG PEOPLE WHO OPT TO STAY WITH MOM AND DAD SAY THEY ARE BURDENED BY SCHOOL LOANS AND A WEAK JOB MARKET.
THEKNOT.COM, HAS RELEASED THE RESULTS OF ITS ANNUAL REAL WEDDINGS STUDY. THE REPORT REVEALS WEDDING BUDGETS HAVE BEEN INCREASING STEADILY SINCE THE ECONOMIC DOWNTURN OF 2008, AND IN 2013, COUPLES SPENT A RECORD HIGH AVERAGE OF NEARLY $30,000 ON THEIR BIG DAY….THAT’S EXCLUDING THE HONEYMOON. NO SURPRISE HERE THE MOST EXPENSIVE PLACE TO GET MARRIED MANHATTAN AT AN AVERAGE $86,916 DOLLARS. THE LEAST EXPENSIVE PLACE, IDAHO, WHERE THE AVERAGE COUPLE WILL SPEND APPROXIMATELY $16,159 DOLLARS. FOR MORE ON THESE STORIES AND MUCH MORE SIMPLY HEAD TO OUR WEBSITE www.workingwomanreport.com
