More young adults are choosing to live with their parents than any time since the Great Depression, according to research co-authored by Wharton’s Susan Wachter.
What does having left and found how harsh and difficult it is affect their need to pay rent? What if they lost their job and they couldn’t afford where they were living? Would you refuse them unless they paid rent?
What are you doing with that rent? Is it going to utilities? Food?
Or a savings account for them to get a down payment somewhere?
I have a rule for my kids. You can stay for free as long as you want. If you move out, you can come back, but then you pay rent.
Why?
What does having left and found how harsh and difficult it is affect their need to pay rent? What if they lost their job and they couldn’t afford where they were living? Would you refuse them unless they paid rent?
What are you doing with that rent? Is it going to utilities? Food?
Or a savings account for them to get a down payment somewhere?
So they know not to count on you if they need help, got it. This is why people become homeless.