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[quote=Anonymous]So, my 23 year old son is asking to move back in, 'for a while' and I don't really know what a fair rent and terms would be.

Some background:

My now-23 year old son, who is fairly intelligent but a bit lazy and unmotivated, graduated college last year after five years (we paid for tuition outside of a generous scholarship from the university). For this time, he has been living in a large city and paying his own rent/expenses, working as a server alongside his college.

The past six months or so he has had some financial setbacks, having bought a cheap car (that we told him he shouldn't) that died after five months, going on a family vacation across the country, and moving within a month, and since then has been struggling to make ends meet.

We have been pushing him to find a more professional job (that uses his degree), and to his credit he does seem to be trying, if not hard enough.

Anyway, he is now talking about moving back to DC and living with us while he looks for a professional job (this makes sense with his degrees which would work well in government work). Me and DH are willing to consider this, but don't really know where to start. So we have a few questions:

1) How much should we charge in rent? I am thinking around $500-600 is fair, including utilities. He is old enough that we both feel he needs to take responsibility for the actions that led him here, and for his own expenses. At the same time, we feel as though $500 is well below market value for renting a room in our wealthy upper-Northwest DC neighborhood and is fair considering he is our son.

2) Would it be fair to enforce certain requirements for him to stay here? I am thinking that we require he is showing the motivation to actually find a job in his field and to adhere to a weeknight curfew (10PM?). We don't want him to fall into old ways and waste the degree we footed the bill for, and considering he claims a big part of this move is to do just that I think this would be fair. [/quote]

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