Years ago, children graduated from high school, got a job and shortly thereafter got married, bought a home and had children.
This pattern may have been delayed a few years as more and more people obtained college educations, but the pattern remained basically the same.
Now, however, the number of adult children living with their parents has skyrocketed. In fact, as recently as 2010, Calculated Risk shared that nearly 13.5% of individuals ages 24 to 35 lived at home with their parents. This group has even been given their own name—Boomerang Children–because they leave the nest for some time but then return back home, sometimes for years.
If your adult child has moved back in, should you charge them rent?
Why Do Adult Children Move Back Home?
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