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Why Gen Y'ers Are Slow to Leave the Nest

I remember the day he said it for the first time. He had driven back to his apartment in Greenwich Village, after having spent the weekend with us at the farm. When he called to let us know he’d arrived safely, our son said those fateful words that notched my heart as a parent: I’m home. In that moment, a cool jolt whooshed through some mysterious new space.

Despite this independence, it’s clear he also continues to view the farm as “his” home. He returns whenever he needs a break from life in the city. He fills the old house with friends, who take over the kitchen and the grill -- who make themselves at home. I have little doubt that he would feel welcome to return if times got tough.

So where is home for young adults today? Is the phenomenon of boomerang kids a worrisome trend? According to the 2000 census, 4 million Americans between the ages of 25 and 34 live with their folks. To the astonishment of Boomers, more than 60% of all college seniors say they expect to move back home after graduation.

It’s easy for Boomers to judge this trend as evidence of a lack of ambition or competency on the part of their kids; but I disagree. I believe it is more properly viewed as a reflection of the close relationships Y’s have with their families and a changing cultural norm.

I was speaking with a group of business executives a few weeks ago, when one began to complain (good humouredly) about his adult child’s return to the nest.

I’m curious, I said. When your children were teenagers, did you refer to the house as “our home?”

Of course.

And so, how did you communicate to them that “our home” would revert to being “your house” on their 18th birthdays?

Well, I certainly knew that when I was their age. I couldn’t wait to get away.

My point exactly. It’s impossible to compare the behavior of Boomer parents with today’s Gen Y young adults. As I’ve mentioned before, when Boomers were teens, 40% said they would be better off with no parents! You couldn’t wait to leave.

But most Gen Y’s have strong, positive relationships with their Boomer parents. They genuinely like you. They highly value family ties and expect to retain close parental bonds even after leaving home. Roughly eight in ten children who live away from home say they’ve talked to their parents in the past day. Nearly three in four see their parents at least once a week, and half say they see their parents daily. They speak with Mom or Dad when they have a problem, and most feel that their parents understand them.

And, the nature of the family abode is changing. One of the hottest trends in housing is the development of multigenerational complexes, designed for Boomers and their X or Y children’s budding families. The dispersion of the last several decades is reversing.

Even short of that, the idea that “our home” is always “ours” is becoming the norm.

Of course, an adult child lounging in their pajamas until noon is not a pretty picture. But the idea that “home” remains a place of safety and security, a safety net that allows young adults to take risks, is in my mind a good thing.

Don’t judge their behavior by yours. And remember, they aren’t mind readers. If you really want to tell them that their membership in the home ends at 18, I think you need to make that clear.

Personally, I am happy to extend the membership card indefinitely.

HARVARD BUSINESS ONLINE RECOMMENDS:
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Comments

Ms Erickson, you are a good parent. That's why you say "Personally, I am happy to extend the membership card indefinitely." It's ruthless even to think one's membership in the home ends at 18. Children should be on their own, they shouldn't be parasites. But real love won't place much demands on others, I believe.

- Posted by Ramesh
September 10, 2007 12:22 AM

The reason for this phenomena is easy to find in the economic history of the United States for the past 40 years, and as Gary Becker, the Nobel laureat economist has written about...as go economics, so go family relationships.

Quick statistic: in 1960 the average 55-65 year old wage was 1.5 times the average wage of 18-24 year olds.

Today? In 2000, the average 55-65 year old wage was 3.1 times the average wage of 18-24 year olds.

(source: U.S. Bureau of Labor Statistics)

No wonder kids want to come home. This is an age of mass affluence, but it is an affluence primarily given to knowledge work, which benefits from years of experience, versus an industrial age that limited most salaries to laborer or foreman. In addition, years of differential income leads to vast differences in accumulated wealth between those at the end of a fruitful career and those just starting out. Add in the benefit of dual earnership in marriage, and it is easy to see what any young, unmarried person loves about coming home to mom and dad: a well stocked refrigerator, nice furniture, big screen TV with cable, maybe a pool...things it may take them decades to afford...and all for the asking at a very affordable price.

- Posted by Paul Nunes
September 10, 2007 5:46 PM

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About This Author

Tammy EricksonTamara J. Erickson is both a McKinsey Award-winning author and popular and engaging storyteller. Her compelling views of the future are based on extensive research on changing demographics and employee values and, most recently, on how successful organizations work. Erickson has co-authored four Harvard Business Review articles and the books Retire Retirement: Career Strategies for the Boomer Generation and Workforce Crisis: How to Beat the Coming Shortage of Skills and Talent. She is with nGenera .

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