The Accordion Family by Katherine Newman
Requirements: ePUB or AZW3 Reader, 1.9MB
Overview: Why are adults in their twenties and thirties stuck in their parents’ homes in the world’s wealthiest countries?
There’s no question that globalization has drastically changed the cultural landscape across the world. The cost of living is rising, and high unemployment rates have created an untenable economic climate that has severely compromised the path to adulthood for young people in their twenties and thirties. And there’s no end in sight. Families are hunkering down, expanding the reach of their households to envelop economically vulnerable young adults. Acclaimed sociologist Katherine Newman explores the trend toward a rising number of “accordion families” composed of adult children who will be living off their parents’ retirement savings with little means of their own when the older generation is gone.
Genre: Non-Fiction, Sociology, Parenting
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