A warning to parents with adult kids still living at home: If your kids are older than 25, you might want to start pushing them out the door.
A new survey indicates the percentage of people who purchase their own homes while in their 30s increases with age of departure from the parental home until about age 25 – then it drops. After age 28, their chances of becoming homeowners are no better than children who fly the coop at 16.
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Adult children living at home for longerOn Wednesday, Statistics Canada reported four million people aged 20 to 29 in Canada or 44 per cent lived with their parents, an almost three point jump from 2001.
Less stigma for adult children living at homeWe all know by now that it's becoming more and more common for adult children to live at home well into their twenties, thirties, or even forties. Fortunately for families dealing with all the extra…
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