The financial crisis changed a lot of things: the labor market,
housing, consumer spending and saving habits and the nature of
psychological development.  Young adults are increasingly moving
back home upon graduation and delaying their transition into
what is traditionally considered adulthood. A recent Clark
University Poll of Parents of Emerging Adults found that 38% of
parents have grown children living at home. However, Clark
University professor Jeffrey Arnett and author of When Will My
Grown-Up Kid Grow Up?, notes that there is a common
misconception about how parents feel about their boomerang
children. The poll found that 61% of parents claim that having
their children back is a "mostly positive" experience and 73%
report having “mostly positive” relationships with them.  As a
result of the changing times, Arnett asserts that “a new life
stage has developed in the last half century.” This new category
includes those aged 18 to 29 and is characterized by the delayed
transition into a stable life, whic