Boomerang "Kid" Econ 101

Economic recovery gets a boost from emptying the nest!

"About 20 million adult children in the U.S. live with their parents, and most are eager to move, says Peter Francese, a demographic analyst for advertising agency Ogilvy & Mather."

"'Most guys who live at home beyond some young age walk around with a great big 'L' [for "loser"] on their forehead,' Francese says."

Could kicking out boomerang "kids" pull us out of this recession? 

"When people move into a new home, they tend to spend. A typical new... CONTINUE READING >>