Reasons Why Young Adults Still Live With Their Parents

Reasons Why YoungAdults Still Live With Their Parents

Therise in young adults living with their parents have continued toraise important questions in regard to the formation within thehousehold and the impact on renting, owning, and demanding forconstruction of new household. The young adult percentage agedbetween 18 and 34 that are still living with their parents hascontinue to rise from recorded 27% in 1990 and 2006 to 31% in 2014(Henig &amp Henig, 2014). Young adults, more so the older ones, havetraditionally represented a large share of house buyers, which hasdelayed numerous decisions to develop a home, contributes tocontinued depression of formation rates and demand to housing. Thepaper therefore gives reasons as to why young adults are still livingwith their parents.

Tobegin with, one of the reasons is the financial concerns. With thesurvey conducted in the past, one of them is financial reasons.Parents say that a large margin of young adults aged between 18 and24 are with them because they are still saving money and that theyare still in school. This is because of the believe that majority ofthem are unemployed or are working part-time, this is one of the mainreason since they have not been able to support themselves and liveon their own (Henig &amp Henig, 2014). Of young adults aged between24 and 34, one of the reasons, but still within the financialspectrum, is that they have not made enough money or income to bedependent on their own, they are not yet married, and that they arestill saving money to further their education. Henig &amp Henig(2014) Observe that financial concerns, overall, are the primaryreasons for this this group to continue staying with their parents,even when half of the group is employed full time.

Again,circumstances that force a young adult to live with their parents,even when it is indirectly, are still associated with finances.Leaving home could be as a result of improvements in social andeconomic developments. Young adults to leave home could be as aresult of marriage association, education elsewhere or employment,which all is related with financial reasons. Unemployment has alsocontributed greatly to a number of young adults staying at home(Leccardi &amp Ruspini, 2006). This is because of the inability topay for their own housing despite continuous increase in their ages.

Secondly,young adults staying at home are because of the parents. Most of theparents would prefer their young adults to live with them in the samehousehold. Survey carried out before show analysis with significantdifference between the attitudes of the parents in regard to thechildren moving out of their parents’ home (Leccardi &amp Ruspini,2006). Most parents prefer that their young adults to stay with them,especially when there are still continuing with their or are not yetstable. The reason for this is the need for parents to keep onmotivating and observing their growth until they are financially andresponsible enough to handle their own selves. Parents are known tobe a lot more concerned are still view their children to have notgrown enough to shoulder pressures that come with living on theirown, and that is why they would prefer to continue living with theirchildren.

Finally, what forces parents to stay with their young adult childrenlong enough is fear. Fear of the unknown. Parents, especially withtheir daughters, are known to move out of home when they get employedfar from home or when they get married. This is again after approvalfrom the parents (Leccardi &amp Ruspini, 2006). Parents are known tofear for their children. What concerns them most is their well-being,when they are out of home. Parents would therefore prefer that theystay with them until when the time is right, of which it is when theyare forced by their children, themselves.

References

Henig, R. M., &amp Henig, S. (2014). Twentysomething: Why doyoung adults seem stuck?. New York: Hudson Street Press.

Leccardi, C., &amp Ruspini, E. (2006). A new youth?: Youngpeople, generations and family life. Aldershot, England: Ashgate.