"Boomerang" kids: When adults move back in with Mom and Dad
by Feb 23rd 2009 8:00AM
With homes in foreclosure and careers in limbo, more kids are moving back in with their parents.
But not recent college graduates: No, the new boomerang kids are moving back in with mom and dad after a couple decades on their own. According to the AARP, the number of multi-generational households has increased from 5 million in 2000 to 6.2 million in 2008 -- an increase of 24%.
The Today Show took a look at the issue, and one contributor suggested that the build-up in boomerangs could be a "win-win" for everyone, with families having a chance to get closer and pass on traditions. Somehow I doubt that most people in this situation are having that much fun.
But not recent college graduates: No, the new boomerang kids are moving back in with mom and dad after a couple decades on their own. According to the AARP, the number of multi-generational households has increased from 5 million in 2000 to 6.2 million in 2008 -- an increase of 24%.
The Today Show took a look at the issue, and one contributor suggested that the build-up in boomerangs could be a "win-win" for everyone, with families having a chance to get closer and pass on traditions. Somehow I doubt that most people in this situation are having that much fun.
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