Collapse in Household Formation

Young people frequently get a bad rap / are accused of being lazy. I’m sure this has always been the case. What has not always been the same, however, is the current level of household formation. This chart speaks volumes about how young people are moving back with the folks instead of going into mortgage debt (like everyone that came before them).  2013 saw a new low for household formation. This has dire implications for the U.S. housing sector.