Jay Parsons on LinkedIn: Surging Rents Push More Americans to Live With Roommates or Parents

Jay Parsons
October 27, 2022

After a long stretch of record-high rents, Americans are renting fewer apartments as demand in the third quarter fell to its lowest level in 13 years. Some renters are choosing to take on roommates, while others are boarding with family or friends. More people are opting to stay longer in their parents’ homes or moving back in, rather than pay steep rent increases, according to a recent UBS survey.

Read More