Young adults and millennials are returning home to live with their parents in record numbers. There are many reasons for this. The most prevalent reason for this return to the family nest is the fact that young adults are putting off marriage until later then ever before.
It’s a lot easier
Living with family instead of on their own is a lot easier for many millennials, which is another reason they may choose not to fly from the nest.
Every day responsibilities like grocery shopping, house cleaning, cooking and more are often taken care of by the parents by default, giving young adults a lot more free time and less financial expense. Once they’ve returned home and discovered how nice it is to be part of a family, with meals and a clean bathroom, it may be difficult to move out anytime soon, whatever their financial situation may be.
Not interested in love
Millennial are having far less sex then Gen-Xers or Boomers. Their lack of interest in intimate relationships can be attributed to, among their things, pressure to succeed in their careers, fear of being emotionally hurt, an increase in anti-depressant use, which can affect libido, and awkward meet-ups on dating apps.
Rather than spending their time and energy looking for love, more millennials are focusing on their health, their jobs, and their friendships.
A home of their own?
The cost of housing is another factor sending young adults back to their childhood bedrooms or parent’s basement apartments. Whether they are choosing to continue their education, are not earning enough money to live alone, or are actively saving for a home of their own, finances play a big part in young adult’s choosing to live with their parents well into their 20’s and even in some cases their 30’s. When faced with living with roommates and sharing living space with people they don’t know or don’t much care for, millennials are opting for the comfort and security of living with their parents.
What you can do to encourage your young adults to move out
Assuming your young adult is making a decent living and can take care of himself, how can parents encourage – even insist – that their children move out of the family home? For such parents, plans as empty nesters or retirees could be put on the back burner, including selling a large home to downsize and moving into the next phase of their lives.
There is no reason why parents should refrain from asking their young adults for a timeline and a plan for the next step in their lives. If young adults seem reluctant to commit to a date or a schedule, parents should take it upon themselves to outline expectations and requirements for their kids to find a home of their own.
If you are looking to sell your home and downsize, get it listed. Nothing will motivate your young adult more than seeing a “for sale” sign in front of your house. Explain gently that you are moving on with your lives, and it’s time for him to move on with his, too.