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Movin’ Out?…Movin’ Back In!!!

new luxury home with elegant touches including covered entrance, columns. Photo from Apha Media Portland OR
new luxury home with elegant touches including covered entrance, columns. Photo from Apha Media Portland OR

Horrifying news for empty-nesters in California.

Remember the big party you threw when the kids decided to strike out on their own and leave the nest?

Well, a high percentage of those ‘kids’ have indeed struck out and are now moving back into your home.

We are not talking about 5 year olds. We are talking about 35 year olds.

A survey of 3,500 by ISoldMyHouse.com shows 62% of people in California between 18 and 35, have moved back in with their parents over the past year.  Nationally only 36% have moved back in with Mom and Dad.

15% of parents in California say they feel burdened by this. 

15% say they have had to delay retirement plans in order to support their adult children.

72% of the adult children who are moving back in with their parents in California, say doing so is fine.

 

new luxury home with elegant touches including covered entrance, columns.

Photo from Apha Media Portland OR

 


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