According to research and personal observations, the age when someone moves out of their parent’s home has risen from age 23 in 2000 to 26 in 2017 (the most recent data point).
There are likely several reasons for the rise including increases in getting advanced degrees, impacts of the pandemic, rising housing costs, and inflation, just to name a few.
The research also suggests that young adults are more likely to move out, move back home, and move out again. Another interesting factor impacting nest building are the decisions about marriage compared to the past as marriage is happening later or not at all.
My Perspective
I think it is interesting that we are building our nest – first apartment and/or first home – when we are the least financially stable. Then, if children are added, we might be slightly more stable, but still likely making less than our nest needs.
Over the years, society developed rituals that helped young adults build their nests – high school graduation gifts preparing for the dorm room or apartment, wedding showers focused on setting up a first home, and baby showers covering needs of the new addition.
What is complicating today is that the nest building no longer always aligns with those historical milestones. Couples are moving in together before they get married, having children while living with their parents, and renting unfurnished apartments and homes while pursuing degrees.
I’m thinking about what advice I might give these nest builders as they begin this mis-aligned life journey. How could you build the nest without breaking the bank?
Maybe we need some new types of celebrations and showers. Maybe in addition to what they need for the nest we provide more support on “how to run the nest”.
Your Turn
Are you a parent of a young adult or a young adult?
Do you see any of the trends or challenges covered?
If you could wave a magic wand, what would you change to support young adults as they nest?