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Report: Record Number of Young Adults Moving Back in With Their Parents
By Joe Gullo
Empty nest syndrome is very real for many parents who have sent their kids off to college, but according to new data, that nest might be only temporarily empty for many parents. Contrary to what parents think, welcoming your kids back home may not be such a welcome change.
You send your kids off to college and think your days of doing their laundry and picking up after them are done. Well, a new study says, don't wave goodbye to those days just yet. A record number of young adults are moving back in with their parents.
The study, done by Pew Research, shows a growing trend for the millennial generation -- those age 18 to 31. In 2012, 21.6 million of these young adults were living at home with their parents. Compare that to 2007 with 18.5 million.
This marks the highest percentage, 36 percent of this age group, that have moved back in with their parents in at least four decades.
And this can have a big impact on parents.
The blog 538 reports that data from the American time use survey shows that many of these parents are spending a lot of time in their second act taking care of their kids at home, at least eight hours per week, according to the study.
This is cutting into parents' leisure time, perhaps not what they had expected after they had raised their kids.
And not surprisingly the moms of these millennials are bearing the burden more than the dads when their kids move back home.