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MONDAY, NOVEMBER 23, 2009
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Bummer Economy? Move Home!

More adult children are moving in with parents

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(Newser) – A bleak job market and skyrocketing rents have college grads—even working adults—boomeranging back to their childhood homes, something that's fast losing its social stigma, the Boston Globe reports. About half of adults ages 18 and 24 live with their parents.

One woman, who didn't leave the nest till she got married at 34, wanted her kids to "experience the real world." But when loan payments came due, they moved back in. She charges her 23-year-old daughter $300 for rent, food, and amenities, which some experts say is a good idea. Utility bills have ballooned, privacy is nonexistent, and the kids have lost some independence, but she's still happy to have them home.

Parents often appreciate their empty nest being refilled with adult pals they raised, but a child who doesn't contribute can cause frustration.
Parents often appreciate their empty nest being refilled with adult pals they raised, but a child who doesn't contribute can cause frustration.   (Shutter stock)
With a record number of companies rescinding job offers, many college grads are moving back in with their parents.
With a record number of companies rescinding job offers, many college grads are moving back in with their parents.   (Shutter stock)
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The theme song from the 1980s TV comedy sitcom "Empty Nest."   (ClassicTVThemes)

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We confidently predict that there will be a notable increase in young adults boomeranging back home.
- David Morrison, president and CEO of Twentysomething Inc., which researches issues relating to young adults

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2 comments
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Vostok
Jan 13, 09 3:15 PM CST
Go home? They'll never take me alive. Reply
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Shannonals
Jan 17, 09 10:39 AM CST
What happens when their parents lose their childhood homes Reply
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