Number of Couples Setting Up Homes Skyrocketing
Thinkstock / The NestHave you and your partner moved in together this past year? If so, you’re part of a growing trend that proves the economy is looking up.
The latest numbers from the Census Bureau reveal that 1.15 million new households were established in the last year compared to the annual average of 650,000 households seen over the past four years, according to The Wall Street Journal. Previously, the number of college kids moving home after earning their diplomas had increased, due to the lack of job opportunities. Single people were postponing marriage because of uncertainties over their financial futures.
Analysts point out that there’s a direct link between the number of households set up and the number of available jobs. “During the recession, a lot of those major life events like marriage, children and migration were put on hold,” Kenneth Johnson, a senior demographer at the University of New Hampshire’s Carsey Institute, told the paper. “It may be that there are couples who are thinking about living together, and they’re thinking, ‘The jobs picture is getting better. It’s time to make the next step.’ “
Here’s to hoping this trend is on the upswing for a number of years to come–and that the job market keeps gaining momentum.
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If people are moving in together, it’s not because the economy is looking up. Are you crazy? People are moving in together to make ends meet…trying to cut expenses. The economy is not done tanking….Obama will make that happen by what he’s done, or not done, so far.
I’m inclined to agree with Kim. Hopefully things will turn around. Living with your significant other though is always a fun step in the right direction
Exactly what I was thinking when I read this article! Couples can’t afford to live separately anymore! Two apartments cost a heck of a lot more than a mortgage – at least around here. A studio costs upwards of $600 pet month. For two people that’s $1200 vs. the $400 you could be spending to OWN a home together. Bad economy forces people to combine their resources not divide them! What expert was consulted on this? Did you even look at their degree?
Thank you so much for sharing your thoughts!