Q and A: 'Kidults' still living at home

Tuesday, June 30, 2015

What’s with the increase of the 20-something 'kidults' still living at home and is it a positive for the child and parent?

The active role of parenting is a longer journey today compared to the past- extending from birth, through the dependent years, adolescent years and now well into the 20’s. This has created some new social trends: the boomerang kids (the large number of children in their early 20’s who leave the parental home, only to boomerang back a couple of years later as the costs mount), the sandwich generation (today’s parents sandwiched between the time and costs of their stay-at-home adult children, and the care of their own ageing parents), and this generation of late 20-something KIPPERS (Kids In Parents’ Pockets Eroding Retirement Savings).

However for all the labels, there are some clear reasons for these delayed lifestages. The rising cost of living, housing affordability challenges, prolonged educational years and consequently larger study debts have put this generation further behind where their parents were at the same age. In addition to the higher costs, greater debts and delayed earnings are the mobile lifestyles, technology expenses and increased travel, all greater than that of their parents.

Therefore for a generation who have pushed marriage and starting a family back, from the 20-something years into the early 30’s on average, staying longer with mum and dad is not only a social option but for many a financial necessity. Based on modest rental costs, this option of staying at home with mum and dad, when compared to even modest shared accommodation costs of $250 per week represents a saving of around $15,000 per year by the time that the saving on some food and bills are included.

However, while there is a financial cost on parents, there is a social gain. Many parents in conversations with me have expressed that while they jokingly complain about the arrangement, the connection it gives with their children, the likelihood of them staying nearby as the grandchildren appear on the scene, and the many ways that it keeps parents in touch with some of the trends and changes of Generations Y and Z are all great benefits.

The key to family harmony in these new households is to ensure that parents and their payments aren’t taken advantage of, and that the adult children aren’t treated once again as dependents. A simple agreement setting out the financial contributions and domestic tasks of the family members, with an expiry date when the agreement can be re-assessed is a practical help. That way we will likely create multigenerational harmony not intergenerational conflict.


More on changing household structures can be found in Mark McCrindle’s book The ABC of XYZ: Understanding The Global Generations.

Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare

Last 150 Articles


impact program mortgage ease of travel small business high density PSI Skilling narcissism perth Sydney keynote speaker education award winner Crime Rates youth unemployment twentyseventeen local social trends coffee SMSF social commentator dare to dream grave decision budget the australian dream future of work data townhouses salary digital online social issues sydneysider land of the middle class university visual lalor park winter in depth interviews tea typical australian award cica income financial independence tips organisations australia generation Gen X blaxland gender Australians paying to work environmental scanning customer house price Australian communities divorce rate mobile finance millennials Canberra property price news cancelling plans prince george in the media demographics Northern Territory real Hornsby Shire Council New Zealand earning princess charlotte future-proof Andrew Duffin shopper's pick supply and demand retirement experience global conference speaker Financial Planning Week holidays conferences Kirsten Brewer vegemite Queensland: QLD education future Vocational education world youth day internship career Financial Planning Association of Australia office space neutral bay travelling the hills poker master learn learning christianity cooking entrepreneurs of today investor infographic sunburnt country church survey design selfie shopping sector wide domestic affordability office resilience easter aged care Australian Census EFF demography suburban living apartment sunny days Merry Christmas wealth and income NBRS Architecture sustainable education research easy rider future proof case study royal influence school satisfaction daily commute professional speaker winter blues work mates GPO family researcher NT meetings urban taskforce investment census leader new office healthy future home owner professional development divorce World Water Day world life sector australian social research goal DESTEL teacher education sector urban living national wealth earnings research report The ABC of XYZ global financial crisis marriage energy criminal learning styles property overcast schools students cost trend tuesday monarchy housing growth slideshare increasing densification insight housing trends potts point census 2016 going out volunteers Australian schools transport business performance DIY responsive property market recap youth apartments university degree VIC social researcher census fail keynote speaker NSW summer Northern Beaches Christian School culturally diverse wolloomooloo new york times marrickville Melbourne brand experience poor outsourcing Aussies the hills shire report community engagement cash teach pyrmont faux-cilise australian communities forum Duchess of Cambridge keynote 23 million states consumerism names baby name predictions father's day national crime rates rental stress brands 24 million gold coast focus groups kate middleton geomapping forum education future report wages megatrends deloitte sydneysiders Tuesday Trend authenticity optus tableau mccrindle in the media hopes growing population social media society trends ultimo investing teaching Royals group Australia Day baby names report identity define women emerging technologies internet sydneycity Do It Yourself social life internships office opening #censusfail house price rise communities christmas Australian Home hornsby The Daily Edition cloudy days census data thrive darwin public speaker Territory speaker change belief aged care puzzle year 7 research data socialites Scouts goals average aussie Macquarie University 1975 Queensland australians staying home more omnibus residents renter of the future hills shire capital cities engage ferry baby name communication post rationalism students ethnography eliane miles conference presentation baby boom data analyst Sydney Hills Business Chamber 24,000,000 norwest food social analysis global generations ideas cancel plans average Australian wealth distribution woolworths safe clothing educhat leadership workshop communications Word Up 1994 urban living index sydney hills moreton bay speakers social enquiry child care South Australia baby names australia report Work place optus my business awards local community emerging trends Tuesday Trends menai australian communities trends report Geoff Brailey high density living business unemployment collaborative tuesday equip millionth bureau trends celebration TED Gen Y annual income WA entrepreneur changing face of sydney stats high density apartments business index faux-ciliser friendship huffington post graphs analysis ashley mckenzie work-life millenials meals entrepreneurial sports mythbusting breakfast generations innovation owning a home not for profit crows nest rain repayments 2017 sydney speaker work cold JOMO Wagga Wagga focus group training workshop state royal high school workplace culture acf15 waverton society children social impact economic Channel 7 fresh 1968 pharmacies Northern Beaches HSC 2020 socialising educated optimistic Australian Trends nfp baby name trends wealth the average aussie product house prices village weekly earnings presentation data visualisation royal baby TEDx school students Channel Seven home video marriages personal growth entertainment market research statistics Christmas lunch buildings infographics organisational culture 40 million population growth sydney event average sydneysider google for education technology facts VET mccrindle research Valentine’s Day Sydney media release manly social researchers tv etiquette area demographic trends IT Specialists Australian Dream school 2013 hobart Australia Day 2017 politics networking dream 2015 Australia street Real Estate Institute of Victoria teleworking mother's day follow relational debt NEETs eliane quote staying in sentiments sector wide study schools Mark McCrindle results Financial Planning Association social change CBD speakers pack tertiary education Births learner "know the times" employers the changing face of rich social research capital city commute young australians demographic transformations list the great screenage future of shopping online shopping national private wealth employment bus low density suburbs faux-cilising population English wage mythbusters couple grandparents relevant Adelaide housing REIV Conference participants emerging generations Charlotte marketing young people faith generation Z growth cancelling event brand Population Clock Real Estate media proactive social shifts group session rule keeper moderators guide language spirituality public speaking Australian demographics housing affordability dessert city media activity seasons commuters plans infographic wall Australian Population medicine car jobs Wellington train insights TED talk VET sector dreaming brisbane event events trends of 2016 Myth workforce ABS living earn charity generational trends motivate mining boom careers micro christian parenting ACF 2016 staff workplace future of education qualitative research leadership baby demographer Tasmania futurist click innovative cars Christmas presents System's Architect media commentary Bathburst middle class thought leadership future survey communicate Social Trend shbc Hills Shire Council cost of living housing market holiday wedding Western Australia FPA households mentor gen z Kiwi fears weather ACF publication know the times CPI toys alpha long weekend affordable Res Vis rise of local student water financial February 16 aussie culture research pack skills panel Christmas season Research Director shifts urban house 1980 suburb Generation Y Engineering Manager study Northern beaches Event New Zeland resource builders year 12 professional services engagement friends priorities trends analyst FOMO snapshot renting professional presenters mccrindle ageing 2016 census results McCrindle Speakers 10 years offenders government Australian Bureau of Statistics Research Executive economy NBRS SA Caregiver jobs of the future community tattoos census results gen alpha purpose travel stay home storytelling population milestone ACT not-for-profit social cartodb mateship public holiday balance culture rising house prices newspaper hills January 26th personalities vegetarian James Ward 2012 happiness presentations demographic curiosity wellbeing ipswich logan families research visualisation anzac cultural diveristy research services SRE non profit ashley fell REIV National Conference intern professional google religion financial dreams 2016 census pharmacy SMART unaffordable cultural diversity baby names consumer sydney metro teachers Assistant Store Manager trades Netflix litter ageing population micro apartments financial fears visualisation challenge Love mover and shaker 2016 TDE collaboration Christchurch TAS screenage showreel social lives generation alpha home ownership interactive victoria wealth and income distribution rent trends of 2017 hello fresh sun forecasting financial future spend story baby boomers Wodonga social commentary Generation X crime bondi trend environment community event research greatness royal family Australian Communities Trends population map future proofing mccrindle tea conference household Education Future Forum debate contiki forecast parents daily telegraph lifestyle Aussie local communities New South Wales 2014 shopping centre Deaths Australian Families men