Young Adults Moving Back Home

About 30% of 18-34 year olds live with their parents, according to 2008 census data. The Network on Transitions to Adulthood calculates that the number of young adults living with their parents has gone up 50% since the 1970s. The phenomenon even has its own lexicon: words such as “boomerang kids,” “adultescence” and “quarter-life crisis.”

The United States is relatively unusual in its early independence. Young adults in Hispanic, Asian and Eastern European cultures often live with their parents until they’re married.

Robin Meredith’s mother invited her back when the 29-year-old lost her advertising job in September. “I resisted it for a while- a loss of independence, pride thing going on,” said Meredith, who traded her apartment for her mother’s split-level. She sacrificed late-night callers and free cable for the ability to work toward a health care degree.

I’ve seen so many of my friends’ kids get into debt in the last 10 years, and I don’t want mine to start out that way.  I think the key is not to let kids get the sense that it’s a free ride.
There was a time I would have thought 25 years old is too old to live at home.  Now I am not sure, I can see lots of pluses and minuses, what do you think?

If you are starting your search to buy now or in the future, why not search like a realtor. Sign up for listing book, a free service I provide with no strings attached. Here is the link: http://a107021.listingbook.com/.


If you would like information on Buying, Selling, For Sale By Owners, 1st Time Buying, click on the appropriate link on my website http://www.cribbinrealty.com/.

Want to check out some Foreclosures or FSBO’s? Visit my website: http://www.cribbinrealty.com/

What did the house down the street sell for? Want to know call me or visit my website at http://www.cribbinrealty.com/.

If you would like to know what your homes current value is check out Market Snapshot on my website http://www.cribbinrealty.com/market-snapshot-2.html or just call me at 636-294-6061.

For any of your Real Estate Questions or Needs call Me at 636-294-6061 or Mike@cribbinrealty.com Remember “Cribbin Realty” Where Performance Outsells Promises.

Mike Cribbin