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The majority of 18- to 29-year-olds in the US are now living with their parents

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Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#11

Post by wonderwonder »

Millennials face a very real risk of being a lost generation financially. They have endured 2 major, years long recessions, and now the Covid pandemic coupled with social isolation and massive unemployment that does not appear to have an end date in sight. Housing is more expensive for them than prior generations, wages are stagnant, school is expensive and social conflict is also currently on deck.

WW2 was of course a much more trying time but it was followed by massive economic growth for most sectors of the population, I don't see that happening after the pandemic, wealth is just being silo'd and prosperity limited.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#13

Post by collyw »

save_ferris wrote: post #8

I moved back into my parents house after my lease expired, primarily to have regular social interaction again. > "While moving back home during the pandemic makes sense and is seen as socially acceptable or even smart, it also means you are living with people who still see you as your 18-year-old self." One of the biggest things I’ve noticed among millennials is how many parents fail to understand the emotional and m…

I will probably be going against the grain here, but I managed to rent a flat by myself while in university years ago with a part time job in a supermarket at weekends and applying for some hardship funds and other money available at the time.

Rents have risen a lot since then, but is it really impossible for someone in work to be able to afford rent? Or are they insisting on living in a fashionable part of town? (For me independence from my parents was quite a high priority in those days).

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#15

Post by mikorym »

save_ferris wrote: post #8

I moved back into my parents house after my lease expired, primarily to have regular social interaction again. > "While moving back home during the pandemic makes sense and is seen as socially acceptable or even smart, it also means you are living with people who still see you as your 18-year-old self." One of the biggest things I’ve noticed among millennials is how many parents fail to understand the emotional and m…

> "While moving back home during the pandemic makes sense and is seen as socially acceptable or even smart, it also means you are living with people who still see you as your 18-year-old self."

I feel that this is the case for many people and in other contexts. If you develop a lot during say two years of employment, then depending on who your manager is, you may still be seen in the same way as when you started.

There is an inherent poetic dilemma with reconciling yourself with how you age. Parents can buffer this change, whether for positive or negative effect.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#16

Post by giantDinosaur »

collyw wrote: post #13
save_ferris wrote: post #8

I moved back into my parents house after my lease expired, primarily to have regular social interaction again. > "While moving back home during the pandemic makes sense and is seen as socially acceptable or even smart, it also means you are living with people who still see you as your 18-year-old self." One of the biggest things I’ve noticed among millennials is how many parents fail to understand the emotional and m…

I will probably be going against the grain here, but I managed to rent a flat by myself while in university years ago with a part time job in a supermarket at weekends and applying for some hardship funds and other money available at the time. Rents have risen a lot since then, but is it really impossible for someone in work to be able to afford rent? Or are they insisting on living in a fashionable part of town? (Fo…

In a lot of areas normal jobs are literally impossible to do at the moment. It isn't a matter of whether or not people want to do them. In my city in a non-US country you actually are doing something illegal if you go to work in certain industries or undertake extremely common activities that were normal 6 months ago. This is unique and far beyond anything me (or my parents) have ever known. No obvious end to a lot of this is in sight.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#17

Post by xchaotic »

Multi generation homes used to be norm but societies became wealthy enough to move away from that ( and various frictions it creates) looks like we’re literally moving back. Good for the environment, bad for the economy and mental well being.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#18

Post by Cro_on »

I grew up on the farm, but have spent most of my adult life living in big cities. But I take a month or so home most years for a bit of farm work / harvest celebration.

Corono got me good traveling SEA in February, and have been now living and working at home since March. I could have never thought about living here beforehand. At least I always think that twenties and thirties are for the movement of the city, and then the farm work / home life can begin.

But having been somewhat forced to force myself to settle for an indefinite period, it is giving me much appreciation for a different kind of life. Building stuff, farming and a lot of cooking / baking / fermenting has brought out a real positivity, which now seems impossible to find in the city.

It's even got to the point where we've started inviting friends to come and live and work with us, and there seems to be that community feeling bubbling up all around.

Commuting and travel seem so weird to me by this point, and I know that the logistics are hell to try and rearrange the entire economy to be kind of segmented, but I'm starting to believe that this is the only realistic hope we have left.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#19

Post by baud147258 »

Wowfunhappy wrote: post #9

I'm 26. Since the pandemic hit, my parents have been trying to convince me to move back in with them. I'm working remotely now, they say, so I don't have to live in the city, so I might as well live with them, right? I have to keep making different excuses. They don't seem to quite get the message that as much as I love them, I just don't want to live with them...

At the start of the lockdown in France, my parents asked me to move back (temporarily) with them, mostly so that I don't spent all the lockdown alone. I nearly refused, because then I didn't though the lockdown would be so long, a few weeks at most. In the end I still went back for the duration of the lockdown and I'm thankful I did.

But it was only temporary.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#20

Post by isabelc »

This article fails to mention this as one of the reasons for young adults moving back home: college dorms being closed.

Edit: that point is less important now that the article's title has changed. The title was like: 30 million young adults moved back to their parents.

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