It is not uncommon anywhere in the US to find adult children living with their parents. Florida seems to be the leader in this issue, and the Palm Beach area is tops within the state. While a lot of people have made fun of this, there is often an underlying issue behind why this is happening. According to the article, Miami-Ft Lauderdale-West Palm Beach as about 44.8% of millennial adults living with parents. The main reason is rent prices vs. income with national rents averaging about $960, and rents in Palm Beach being about $1200 a month, and incomes in our area averaging $1875. You can do the math in your head.
Here is the first part of this interesting story:
?Florida has the least empty nests in the country & our area is at the top of the list for adults living with their parents: Bottom Line: On one hand we'd expect South Florida to have more adult children living at home due to the higher cost of living. On another hand SFL isn't anywhere near the most expensive metro in the country (we look downright affordable compared to metros like San Francisco and New York).?
At Quantum Floors, we often have customers come in and ask us about our flooring systems, and if hardwood flooring for West Palm Beach, FL homes is a good value and investment. Many of those who ask are homeowners who have adult children living in the home, but many are homeowners who are seeing the kids leave home and they now have rooms that they can re-purpose.
Quality hardwood flooring is a great choice for any homeowner who wants to turn a room into a brand-new-looking space. Engineered hardwood flooring can be installed just about anywhere, including below grade. With the best hardwood flooring in West Palm Beach, FL, homeowners can now have those media rooms, studies, libraries, dens, and fine dining rooms they have always wanted.
When you visit one of our showrooms (Boynton Beach, Palm Beach Gardens, and Ft. Lauderdale, FL), you will find that we carry more than 485 hardwood flooring systems, all color tones, and many, many wood species. In short, we have the quality hardwood flooring West Palm Beach, FL is looking for these days, and we invite you to come see what we have available for you.