Connect with us

U.S.

US Adults Having Roommates Reaches Record 30%

Published

on

(Via Zerohedge)

A staggering new analysis from Zillow highlights perfectly the unintended consequences of central banking policies that drive massive asset bubbles but minimal job/wage growth. According to the study, surging home prices and rising rents have now resulted in a record 30% of American adults, up from 21% in 2005, being forced take on roommates just to afford monthly rent payments.

As rent consumes a growing share of household income in many cities, some people must relocate or find ways to offset rising prices. An increasingly popular way to cut costs is by adding a roommate. Nationally, 30 percent of working-age adults—aged 23 to 65—live in doubled-up households, up from a low of 21 percent in 2005 and 23 percent in 1990.

We define a doubled-up household as one in which at least two working-age, unmarried or un-partnered adults live together. For example, a 25-year-old son living with his middle-aged parents would constitute a doubled-up household, as would two 23-year-old roommates who are not partnered to each other. A doubled-up household contains people who might choose to live apart under different circumstances, financial or otherwise.

Not surprisingly, large metropolitan areas like New York, LA, Miami and San Francisco saw the highest percentage of their adult populations doubling up on housing.

Of course, as the following chart illustrates, there is a strong correlation between doubling-up and rent affordability with the most expensive cities seeing more than 40% of their adult residents living with roommates.

“As rents have outpaced incomes, living alone is no longer an option for many working-aged adults,” said Zillow senior economist Aaron Terrazas. “By sharing a home with roommates — or in some cases, with adult parents — working adults are able to afford to live in more desirable neighborhoods without shouldering the full cost alone. But this phenomenon is not limited to expensive cities. The share of adults living with roommates has been on the rise in historically more affordable rental markets as well. Unless current dynamics shift and income growth exceeds rent growth for a sustained period of time, this trend is unlikely to change.”

As we’ve noted frequently, the biggest increases in doubled-up houses has come from the millennial generation as thousands of college seniors, armed with their $250,000 anthropology degrees, are apparently finding it difficult to land their dream jobs after graduation. That said, while millennials have seen the biggest increases, people across the age spectrum have also become increasingly reliant on roommates to meet their monthly rent obligations…

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

Rob Sand Must Be Audited Along with LGI

Published

on

Rob Sand won the Iowa governor’s race as the state’s auditor. That dual role demands immediate scrutiny of his own office and of LGI, the family business run by his wife, Christine Lauridsen Sand. Taxpayers have a right to know whether any public contracts, grants, or favorable treatment flowed between the auditor’s office and the company while he held statewide power. Iowa does not get a free pass on conflicts simply because the winner is a Democrat.

America First means accountability for officials who oversee public money. Sand built his career on auditing others. The same standard now applies to him and to LGI. Any overlap in finances, vendor relationships, or use of state resources must be examined by independent review before he takes the governor’s office. Working families in Iowa already face water-quality issues, budget pressures, and education concerns. They should not also wonder whether family business interests influenced decisions made in the auditor’s office.

An audit of Sand’s tenure and of LGI is the minimum required for confidence in the transition. If irregularities appear, they must be referred for further investigation. Sovereignty and basic fairness require that the next governor faces the same transparency he once claimed to enforce. Iowa voters deserve nothing less before he is sworn in.

Continue Reading

Politics

2028: America First Dark Horse Must Rise

Published

on

The 2026 midterms cleared the field. Democrats took Congress after voters punished high gas prices and the Iran war. Establishment heirs now carry that baggage. JD Vance’s odds slipped overnight. Marco Rubio remains tied to the same foreign-policy circle that produced the conflict. Neither can lead a clean America First recovery. The candidate must be anyone but Vance or Rubio.

That dark horse must run on sealed borders, an end to forever wars, energy independence, and trade that puts American workers first. Traditional values and biological reality in policy cannot be treated as optional. The midterms showed the cost of foreign entanglements and elite priorities. Working families want their government focused on home, not distant conflicts or cultural experiments. Only a figure free of prior establishment ties—and free of Vance or Rubio—can make that case without apology.

The next two years will decide whether the movement stays pure or dilutes into another round of managed decline. A dark horse who rejects globalist deals, defends sovereignty, and speaks plainly to the base can consolidate the realignment before 2028. The country does not need another caretaker from the current circle. It needs someone new who will finish what America First started.

Continue Reading

Military

President Trump Must Audit the 2026 Midterms & Force Redo

Published

on

The results landed with unusual force. Democrats took the House and Senate, flipping seats in Texas, Kansas, Ohio, Iowa, and South Carolina. In several states Trump carried by wide margins in 2024, the same electorate is said to have swung sharply the other way. Midterms normally punish the party in power, yet the depth and location of these flips raise basic questions about whether the tallies fully reflect legal votes. When outcomes move this far, this fast, and this consistently in historically one-sided places, the burden of proof should not rest solely on the public’s willingness to accept the certified numbers.

Mail-in ballots, same-day registration, and uneven chain-of-custody rules have left large portions of the process opaque for years. Technical problems appeared in multiple states on Election Day. Voter rolls in high-volume jurisdictions have long contained outdated and duplicate entries. None of these facts alone prove fraud, but together they make blanket claims of a clean result harder to accept at face value. The scale of the shift, the speed of the calls, and the absence of a full forensic review leave the outcome open to legitimate doubt. America First requires that only citizens cast the deciding ballots; anything less undermines the republic.

President Trump should order an immediate audit of the closest and most anomalous races. If that review finds material irregularities capable of changing results, the affected contests should be re-run under military supervision of polling places, ballot transport, and counting. Civilian administrators have lost the confidence of millions of voters. A transparent, secured re-election is the only practical way to settle the question and restore trust. Until then, the validity of these midterms remains open to serious challenge.

Continue Reading

Trending

Donate to Populist Wire

*Note: Every donation is greatly appreciated, regardless of the amount.