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Also on this week’s podcast, we had Bernadette Lunas, the resident InfoChoice finance journalist to talk to us about the rise of ‘boomerang kids’, and what it says about society and the cost of living when adult kids move back home.
The latest survey from Australian Seniors found the biggest cause for adult children moving back in with their parents are: Financial struggles (39%); relationship and personal issues (30%); and lack of affordable living options (28%).
But as Dom points out, it's not all bad news. Multigenerational living is common overseas, can help alleviate the rental crisis, and is a natural reaction and rebuke to the extremely low household sizes we saw during Covid.
Also on this week’s podcast, we had Bernadette Lunas, the resident InfoChoice finance journalist to talk to us about the rise of ‘boomerang kids’, and what it says about society and the cost of living when adult kids move back home.
The latest survey from Australian Seniors found the biggest cause for adult children moving back in with their parents are: Financial struggles (39%); relationship and personal issues (30%); and lack of affordable living options (28%).
But as Dom points out, it's not all bad news. Multigenerational living is common overseas, can help alleviate the rental crisis, and is a natural reaction and rebuke to the extremely low household sizes we saw during Covid.