Why it is cool to move back home with your parents

It was not so long ago that if you let slip on a date that, as a late-twenty-to-mid-thirtysomething, you still lived with your parents, that date was over.

Your former future soulmate might sputter something like: “You live with your mom? Call me never!”

In films, it was a trope used to fly a red flag, a symptom of arrested development, a failure to leave the roost or at least proof of an immature desire not to.

Fast forward to today. Your date might lean over and purr into your ear,
“It’s so attractive how you’re willing to sacrifice in order to achieve your long-term financial goals.”

Millennials, love them or hate them, have become pragmatists. The rent is too damn high and house prices have been out of reach for too long, so the generation twice bruised by financial crises has gone and eroded the stigma about moving in with mom and dad. Forget symbolic independence, for those who can, living at home is the new frugal-chic.

We were already the most likely generation to live at home. In 2018,
15 per cent of American millennials lived with their parents despite high rates of employment, according to Pew Research. In the UK, the number of 20 to 34-year-olds living at home rose 46 per cent over the past 20 years to 3.5m.