Anonymous wrote:I’m 50 and live with my dad. He invited us here many years ago. I’m a single mom and wouldn’t be able to pay for college for my kid if I was still paying rent. My kid is halfway done college and I may just stay after he graduates. The house needs some improvement and it will be mine one day.

If it works for you, why not?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think it’s harder to live at home in your 30s due to logistics. Parental homes tend to be in older parts of town, in older hoods, with fewer amenities and infrastructure. As your career grows into your 30s, you may find yourself wanting a better QOL, better commute, more green space, less crime, live in nicer part of town near other professionals, etc. Living in a poorly-located parental home can limit your options and personal growth.

In DCUM, the boomers have all the nice real estate. Younger generation cannot afford to buy homes. The grandparents home becomes the "family home", where all the birthday parties, holidays, childcare, pet sitting, hosting of house guests happen.

Truer words never spoken. The Boomers have all the great real estate right now and the 30 somethings are looking at mega commutes or MUCH smaller and more expensive housing. In DCUMlandia at least. I'm in a neighborhood that would be very, very desirable to people in their 30s and I think the average age of homeowners is 60+. They bought 30 years ago for 300k and the homes are now 2million++. Some 30 somethings could swing that but not many.

NP. I hear ya. Same.

It's sad. But where there's a will...

I still feel strongly that a person like a young adult ought to have a plan to stand up on their own 2 feet and leave the nest. It's not the same as needing to return to care for family, needing help due to external circumstances, saving up in order to launch, etc. but to not have a plan and exist as a 3rd wheel when you're in your 20s and esp if 35?! Yeah, there's something kinda unhealthy going on for sure!

Move to the damn country, move to another state. Go get roommates. Go live in an apt v a house and rent. So what if you rent forever. At least you're in your own and financially independent. You do not need to buy a house - you just need a place that is not with your parents as it is actually a sign of growth. Again, this is only if there's no extenuating circumstances and if you are simply returning that's different - it depends on your story then.

Anonymous wrote:I lived at home with my parents until I turned 35 years old. I graduated from the University of Virginia in 1990 with a very good-paying job. I lived at home with my parents for thirteen years before moving out on my own the day I got married. I was able to save over 90% of my salary during those thirteen years, and through proper investment, I had over 2M in my bank account. I bought a house in McLean for cash, and invested the rest in the stock market. My current home is about 6,000 sqft with a guest house, and I told my son that he and his wife are welcome to live in the guest house until they save enough to purchase a home in McLean with at least 50% down. It is perfectly normal to live at home until you get married, and are ready to move out.

If both the parents and the kids are "adults" and behave as such and treat each other with respect, why not? I personally couldn't do it with my parents, but if you can, it's really the smart thing to do. Why pay extra for rent/parking/etc when you can basically live for free and it does NOT cost your parents much more (you can pay the extra utilities and for food)?

Anonymous wrote:

Anonymous wrote:I think it’s harder to live at home in your 30s due to logistics. Parental homes tend to be in older parts of town, in older hoods, with fewer amenities and infrastructure. As your career grows into your 30s, you may find yourself wanting a better QOL, better commute, more green space, less crime, live in nicer part of town near other professionals, etc. Living in a poorly-located parental home can limit your options and personal growth.

In DCUM, the boomers have all the nice real estate. Younger generation cannot afford to buy homes. The grandparents home becomes the "family home", where all the birthday parties, holidays, childcare, pet sitting, hosting of house guests happen.

Truer words never spoken. The Boomers have all the great real estate right now and the 30 somethings are looking at mega commutes or MUCH smaller and more expensive housing. In DCUMlandia at least. I'm in a neighborhood that would be very, very desirable to people in their 30s and I think the average age of homeowners is 60+. They bought 30 years ago for 300k and the homes are now 2million++. Some 30 somethings could swing that but not many.

Anonymous wrote:I think it’s harder to live at home in your 30s due to logistics. Parental homes tend to be in older parts of town, in older hoods, with fewer amenities and infrastructure. As your career grows into your 30s, you may find yourself wanting a better QOL, better commute, more green space, less crime, live in nicer part of town near other professionals, etc. Living in a poorly-located parental home can limit your options and personal growth.

In DCUM, the boomers have all the nice real estate. Younger generation cannot afford to buy homes. The grandparents home becomes the "family home", where all the birthday parties, holidays, childcare, pet sitting, hosting of house guests happen.

I think it’s harder to live at home in your 30s due to logistics. Parental homes tend to be in older parts of town, in older hoods, with fewer amenities and infrastructure. As your career grows into your 30s, you may find yourself wanting a better QOL, better commute, more green space, less crime, live in nicer part of town near other professionals, etc. Living in a poorly-located parental home can limit your options and personal growth.

Anonymous wrote:I’m 50 and live with my dad. He invited us here many years ago. I’m a single mom and wouldn’t be able to pay for college for my kid if I was still paying rent. My kid is halfway done college and I may just stay after he graduates. The house needs some improvement and it will be mine one day.

I bet he enjoys having you and your son there.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:what % of 35 year old are still living at home?
I see the numbers of people in their 20s is very high, but don't see much numbers of people over 35+ are they moving out ?

That's a very traditional thing to do. Families add on to houses, or build more in close proximity, or simply make do with living all under one roof.

It's how generational wealth is built.

Sending kids out at 18 to rent, spend, and get into debt is asinine and mostly uniquely North American in nature.

No, it's how generational dysfunction is built.

It’s already present before the kids come of age.

Anonymous wrote:

Anonymous wrote:Google is your friend.

+1 the number of people who seem to confuse dcum for a research tool/search engine versus a forum to exchange ideas and subjective opinions is bizarre

Maybe they’ve gotten acclimated to fake news.

Anonymous wrote:

Anonymous wrote:I’m 50 and live with my dad. He invited us here many years ago. I’m a single mom and wouldn’t be able to pay for college for my kid if I was still paying rent. My kid is halfway done college and I may just stay after he graduates. The house needs some improvement and it will be mine one day.

I think this case is different, because you're doing work to the house.

Not currently. I’m paying nearly all I make towards college costs. I’ll save up after my kid graduates so I can do renovations.

Anonymous wrote:I’m 50 and live with my dad. He invited us here many years ago. I’m a single mom and wouldn’t be able to pay for college for my kid if I was still paying rent. My kid is halfway done college and I may just stay after he graduates. The house needs some improvement and it will be mine one day.

I think this case is different, because you're doing work to the house.

Anonymous wrote:

Anonymous wrote:what % of 35 year old are still living at home?
I see the numbers of people in their 20s is very high, but don't see much numbers of people over 35+ are they moving out ?

That's a very traditional thing to do. Families add on to houses, or build more in close proximity, or simply make do with living all under one roof.

It's how generational wealth is built.

Sending kids out at 18 to rent, spend, and get into debt is asinine and mostly uniquely North American in nature.

No, it's how generational dysfunction is built.

I’m 50 and live with my dad. He invited us here many years ago. I’m a single mom and wouldn’t be able to pay for college for my kid if I was still paying rent. My kid is halfway done college and I may just stay after he graduates. The house needs some improvement and it will be mine one day.

Anonymous wrote:

Anonymous wrote:what % of 35 year old are still living at home?
I see the numbers of people in their 20s is very high, but don't see much numbers of people over 35+ are they moving out ?

That's a very traditional thing to do. Families add on to houses, or build more in close proximity, or simply make do with living all under one roof.

It's how generational wealth is built.

Sending kids out at 18 to rent, spend, and get into debt is asinine and mostly uniquely North American in nature.

We send kids away in Scandinavia and nearby. I went to boarding school at 16 and left for North America at 18. Not a big deal. Most young adults went somewhere far away at 18.

Anonymous wrote:

Anonymous wrote:My BIL solved this by giving his son an apartment to live in. Life is so much easier when there's money to solve pesky little issues...

This, but you'll never rid of losers like this.

Who wants to? They are your children.