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Adult Children
Reply to "At what point do you or will you make your kids leave home "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If anyone is living with me at age 30, I plan to sell the house and give each kid an equal amount of the proceeds for a down payment for their own place, and I'll move into a 1-BR condo.[/quote] I assume you would only do this if your kids are gainfully employed in decent jobs vs the more[b] typical underemployed 30 year old[/b] still living at home. [/quote] That's simply not the case anymore. My DD is 30 and lives at home again because she was tired of roommates and their drama. She's a teacher and unable to afford living solo on her salary. Several of her colleagues also live with their parents in MIL suites or basements that were converted into apartments. My neighbor's son lives at home as a fed. He's in his 30s now but moved back in when he was in his 20s after a breakup. He's been saving to buy his own place but keeps getting outbid. My niece and her husband, both of whom have excellent salaries in this area, are contemplating moving into her ILs garage apartment because they also keep getting outbid. [/quote]
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