STATEN ISLAND, N.Y.
But times are surely changing.
Due to skyrocketing college costs, and the millennial generation becoming saddled with student loan debt, marriage and families aren’t something most people are thinking about at age 26.
Overall, the study revealed American young adults today are 46% more likely to live with a parent than in 2007, 32% more likely to move in with a partner before getting married, and 19% more likely to have a non-family roommate.
“Cultural and economic shifts are changing what the average household looks like in and around New York. Particularly due to the cost of raising a family, we see that nuclear family households are shrinking while child-free households (i.
STATEN ISLAND FOLLOWS NATIONAL TREND
And this rings true on Staten Island, where there are less millennials in the housing market.
“As so many things have changed over the last 20 years, so have our social patterns and that indelibly ties to real estate patterns,” said James prendamano, CEO of Casandra Properties, which has two Island-based offices.
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