Part 3/9:
One of the primary reasons cited for this trend is financial instability. Many young adults argue that they cannot afford to live independently due to soaring living costs and stagnant wages. The average living wage required to live alone is approximately $45,000 per year. However, individuals aged 20 to 24 earn an average of only $40,456, leaving them financially short. While it might seem reasonable for them to seek roommates to lessen the financial burden, the reality often shows that they are not taking these steps. Instead, many find it easier to stay at home where costs are low, leading to sky-high rates of dependency and complacency.