According to a recent article in The New York Times the average American lives only 18 miles from their mother with only 20 percent living more than two hours from their parents.
The article, by New York Times staffers Quoctrung Bui and Claire Cain Miller goes on to say, “Over the last few decades, Americans have become less mobile, and most adults – especially those with less education or lower incomes – do not venture far from their hometowns.”
Analysts see this trend continuing as baby boomers get older and require more care from their adult children as well as two-income families needing more help with child care.
Looking to buy? Better ask Mom, first.
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