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


australia urban development young people life not-for-profit politics engage local communities cica Sydney Lifestyle Study cancelling event insights sun rising house prices urban living index dream facts wealth and income distribution safe cultural diversity focus group healthy future census fail environment Births data visualisation pharmacies income Gen Y toys household holiday events ferry 2013 choice workers potts point menai speaker list slideshare interactive high density apartments rental stress victoria purpose friendship communications Real Estate australian perth hunger vegetarian System's Architect Social Trend property price optimistic neutral bay cultural diveristy research services city gold coast Do It Yourself Northern Beaches Christian School environmental scanning internet goals capital city prince george sydneycity university daily commute spirituality growth of sydney visual 1968 monarchy social research long weekend English weather ACT Report entrepreneurs of today sector wide professional development ABS Retail qualitative research baby boomers overcast easter volunteers community tableau generation alpha internships church average sydneysider entrepreneurial Australia street marrickville staff online shopping women future of work micro apartments research pack culturally diverse school satisfaction cold Australian community trends mover and shaker Christmas season kate middleton goal brands Real Estate Institute of Victoria demographic transformations rain summer conference presentation focus groups paying to work parents dessert New Zealand moreton bay dare to dream mccrindle news The ABC of XYZ earnings curiosity Sydney keynote speaker couple impact personalities conference Sydney keynote speaker the lucky country IT Specialists wealth inequality Australian Communities Trends national private wealth storytelling millennials TEDx the hills shire leadership workshop Australia Day 2017 Black Friday in Australia megatrends children REIV Conference CPI narcissism home Charlotte sector world Christmas data builders generational trends EFF keynote professional services pyrmont faux-ciliser property market manly fresh housing growth 24,000,000 school selfie work mates Willowdale generation travel holidays dreaming communication financial dreams marriages NSW Channel 7 future education research Geoff Brailey public holiday Royals Education Future Forum organisations finance Hunter Valley sustainable Australian Trends greatness housing trends FOMO clothing 2015 professional consumerism follow SMART the changing face of community engagement business index NBRS Architecture learning collaborative conferences families new office Population Clock hornsby meals micro Australians non profit language financial fears wage census Maxim Accounting careers motivate Cobbitty-Leppington skills demographics economy trends analyst US cartodb TEDx Speaker Res Vis authenticity generation Z social commentary group session not for profit who is generation z baby names report charity average aussie tertiary education survey conference speaker Research Director schools students university degree brand experience Christmas day weather social shifts social trends social change economic population growth renting business urban living intern baby name training recap royal baby sydney market Christmas presents dreams work pharmacy Netflix vegemite Christmas lunch Lower Hunter Region village Australian schools office space young australians trend generations chairty food insecurity 2020 socialites bondi educated Andrew Duffin Australian Dream royal influence food culture employmee tattoos family Deaths social researchers tuesday mateship ultimo study growth staying in Aussie Christmas research demographic digital ACF 2016 Sydney Hills Business Chamber unaffordable earning networking Territory 2016 house price australian social research wealth distribution small business sydney speaker office opening acf15 property VIC future of shopping earn cars event Mark McCrindle in the media ease of travel ipswich communities post rationalism video the average aussie results sector wide study baby name predictions research visualisation wealth and income McCridle NEETs cost education Hills Shire Council 2016 census results donation 40 million google for education DIY seasons debate resilience ashley fell national crime rates capital cities stats sunny days brisbane work-life suburbs office local community casual not for profit research February 16 commute Australian Families Australia Day typical australian offenders land of the middle class divorce happiness Kirsten Brewer Black Friday Financial Planning Week contiki employment aged care puzzle australians staying home more 2017 South Australia Assistant Store Manager NBRS Mark McCrindle princess charlotte workforce Wellington australian real estate cost of living wedding Christchurch Queensland: QLD shopper's pick renter of the future Performance Sentiment Index year 12 Crime Rates sydneysider ACF17 thrive teacher geomapping gen z property development financial future sydney hills going out cloudy days apartments 1975 affordability omnibus growing population award winner statistics suburban living social commentator VET ethnography student futurist TED What is food insecurity? REIV National Conference shbc home ownership society trends car analysis Melbourne social issues christmas trees mobile story WA organisational culture population milestone seasons greetings Aussies identity moderators guide nativity scene emerging trends trend tuesday digital economy year 7 new york times shifts Elderslie-Harrington park in depth interviews report meetings global retail social Lower Hunter sunburnt country Hornsby Shire Council waverton mccrindle in the media public speaker poor commuters commuting trades youth unemployment high density living christian the hills weekly earnings owning a home Christmas day winter blues baby boom winter water panel Australian communities NT 2014 logan child care grave decision parenting bus the great screenage area JOMO Caregiver sydney event trends of 2016 Australian Bureau of Statistics entertainment Christmas Stats faith case study retirement Wagga Wagga Channel Seven government population charities Gen X Research Executive Northern Territory australian community trends report Valentine’s Day future-proof learner Generation Y divorce rate forecast buildings faux-cilising state giving rent World Water Day Mount Annan-Currant Hill FPA gender marketing relevant ageing population thought leadership 10 years workplace culture CBD gig national wealth apartment click McCrindle Keynote Speakers census data Kiwi christmas 2017 data analyst public speaking brand Skilling gig economy The Daily Edition demography friends wages global Western Australia litter Generation X leadership customer 2016 census millionth house prices baby education future market research 1980 ACT wealth in the media community event screenage media activity australian communities forum SRE Northern beaches Event social analyst career students change data youth Duchess of Cambridge eliane miles belief money royal family volunteering cancelling plans workplace Australian Population Financial Planning Association hills engagement etiquette socialising urban public transport global generations cash mccrindle research shopping centre technology visualisation volunteering data teachers suburb blaxland social life norwest entrepreneur rise of local emerging generations Jura Australia Canberra social lives Merry Christmas stay home hello fresh future proofing mining boom demographic trends sentiments learning styles sydney metro speakers pack future of education balance employers low density high school Black Friday Sales millenials PSI gen alpha optus my business awards 23 million financial planning unemployment rule keeper baby name trends Christmas in Australia aged care care support woolworths plans newspaper GPO royal social media collaboration townhouses Myth middle class Tuesday Trend domestic tips social impact professional speaker speajer housing affordability census results showreel real social analysis donate cancel plans energy infographic wall Word Up 2012 mccrinlde 1994 presentations speakers father's day media commentary hills shire house price rise SMSF ACF2017 presentation hobart communicate Australian Home demographer darwin live the dream hopes research on coffee travelling wolloomooloo DESTEL jobs daily telegraph "know the times" TDE baby names future proof twentyseventeen New South Wales group Tasmania mortgage optus huffington post forecasting Work place names outsourcing HSC define religion business performance innovation teach ashley mckenzie deloitte investing train New Zeland local investor media release #censusfail graphs living coffee internship equip media alpha global financial crisis aussie culture quote mythbusting personal growth australian communities trends report snapshot grandparents ideas breakfast tea insight spend crime teaching affordable trends households Macquarie University learn cooking Sydney population criminal emerging technologies financial Engineering Manager Love investment Australian demographics Adelaide christianity world youth day sydneysiders responsive research Australian Census employmer repayments society Bathburst forum Tuesday Trends January 26th bureau infographic eliane resource TAS Northern Beaches professional presenters financial independence the australian dream educhat residents states debt research report consumer Gen Z Expert easy rider transport baby names australia report ageing TED talk leader infographics coffee lovers teleworking Jura Coffee annual income anzac increasing densification challenge changing face of sydney christmas budget faux-cilise know the times workshop ACF McCrindle Speakers relational innovative participants Financial Planning Association of Australia salary mother's day social researcher sydney property market NFP event mentor trends of 2017 high density Queensland schools work from home social enquiry supply and demand Business analysis housing school students volunteer google marriage fears online experience jobs of the future urban taskforce rich survey design medicine Wodonga mythbusters home owner education sector food bank population map publication priorities men award education future report happy holidays Scouts researcher SA James Ward VET sector housing market lifestyle sports poker master tv census 2016 screenagers proactive McCrindle Speaker crows nest celebration nfp Sydney’s south west Vocational education lalor park program wellbeing mccrindle tea research data younger generations average Australian house 24 million shopping product