Why 44% of Parents Have Adult Kids Moving Back Home

Multigenerational living is becoming the new normal, with 44% of parents reporting that an adult child has moved back home—and for many families, it’s a strategic financial move, not a setback. Tim Lucas and Craig Berry break down what’s driving the rise of “boomerang kids” and how it’s reshaping homeownership and family dynamics.Connect with Mortgage Research Network:YouTube: https://www.youtube.com/@MortgageResearchNetworkInstagram: https://www.instagram.com/mortgageresearchnetwork/Facebook: https://www.facebook.com/mtgresearchnewsWebsite: MortgageResearch.comFirst Time Homebuyer Cheat Sheet: https://bit.ly/4w8CiVMHomebuyer Calculators: https://bit.ly/4n0hDPvConnect with a lender: https://bit.ly/426GyawIn this episode you’ll learn:Why so many adult children are moving back home: Nearly half of parents with kids aged 18 to 35 have experienced this shift, signaling a major change in living arrangements.How saving for a home is driving the trend: About 34% of boomerang kids return home specifically to build a down payment faster.The financial trade-offs for parents: 43% say supporting adult children has impacted their own finances, sometimes affecting savings or retirement plans.Why this isn’t just about financial hardship: Many families are choosing this arrangement intentionally to reach long-term goals.How multigenerational living is on the rise: More buyers—especially Gen X—are purchasing homes designed for multiple generations under one roof.What’s driving the shift in housing preferences: High home prices, student debt, and wage pressures are making independent living harder to sustain.The challenges families need to navigate: Privacy, household responsibilities, and financial expectations can create tension without clear communication.Practical strategies for making it work: Setting boundaries, sharing costs, and creating personal space are key to a successful arrangement.How the stigma is fading: More families are openly discussing multigenerational living, helping normalize what was once seen as a setback.The big question: Is this a temporary response to affordability challenges—or a permanent shift in how Americans live and build wealth?Read the full article: https://www.mortgageresearch.com/articles/boomerang-kids-adult-children-moving-back-home/