Study: Middle-aged adults in California are increasingly moving back in with their parents

posted at 8:41 pm on April 21, 2014 by Erika Johnsen

This study from researchers at UCLA was first released back in February, but it looks like it’s just now come to the attention of both the LA Times and myself: While it’s unfortunately not unusual for young people to move back home with their parents during times of economic hardship, it appears that upper-middle-aged Californian adults have lately been moving back into their parents home at twice the rate of the under-30 crowd:

For seven years through 2012, the number of Californians aged 50 to 64 who live in their parents’ homes swelled 67.6% to about 194,000, according to the UCLA Center for Health Policy Research and the Insight Center for Community Economic Development.

And, before you ask, the driving factor apparently doesn’t have nearly as much to do with caring for parents getting on in years as it does the continuing fallout from the economic recession:

The jump is almost exclusively the result of financial hardship caused by the recession rather than for other reasons, such as the need to care for aging parents, said Steven P. Wallace, a UCLA professor of public health who crunched the data.

“The numbers are pretty amazing,” Wallace said. “It’s an age group that you normally think of as pretty financially stable. They’re mid-career. They may be thinking ahead toward retirement. They’ve got a nest egg going. And then all of a sudden you see this huge push back into their parents’ homes.”

Many more young adults live with their parents than those in their 50s and early 60s live with theirs. Among 18- to 29-year-olds, 1.6 million Californians have taken up residence in their childhood bedrooms, according to the data.

Though that’s a 33% jump from 2006, the pace is half that of the 50 to 64 age group. …

Long-term unemployment is especially acute for older people. The number of Americans 55 and older who have been out of work for a year or more was 617,000 at the end of December, a fivefold jump from the end of 2007 when the recession hit, according to the Bureau of Labor Statistics.

Wow. For what is supposed to be an unencumbered super-blue paradise, California certainly has some entrenched economic problems, including unemployment currently holding at above eight percent and worsening rates of poverty and downward mobility. I don’t know of any comparative studies from other states, but that is certainly not an attractive statistic — and the widespread trend of young adults moving back in with their ‘rents is certainly a national one in these times of ongoing economic weakness (and the same is certainly true recession-wracked Europe).


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Read about this earlier. It really must be a slow news day…

OmahaConservative on April 21, 2014 at 8:49 PM

To repeat my Headline comment:

Just wait until Okaka dictates via yet another fiat that the age in which children can stay on their parents’ DeathCare plans will be increased from 26 to 66 …

ShainS on April 21, 2014 at 8:50 PM

Maybe Obama needs to stop giving speeches at colleges and universities……

And go to the real world…..

He would have hundreds of shoes thrown at him…

But Obama would focus on that one person that fainted…..

Electrongod on April 21, 2014 at 8:50 PM

They just want to be more like their President and never grow up.

VorDaj on April 21, 2014 at 8:51 PM

This is a terrible situation for which there is just one solution…more government! Woohoo, bring it baby? Gimme some mo’ funemployment, some mo’ SNAP, and definitely some mo’ Obamacare.

Charlemagne on April 21, 2014 at 8:51 PM

And you wondered who were the Pajama boys that advertisement was targeting…

Ukiah on April 21, 2014 at 8:54 PM

Economy might not be the only reason. I think people are increasingly moving in with aged parents to take care of them. Maybe they will inherit the house anyway and this way the elderly parent gets to stay at home rather than a nursing home.

crankyoldlady on April 21, 2014 at 8:56 PM

I think it’s a combination of both finances and caring for the elderly.

CoffeeLover on April 21, 2014 at 9:01 PM

When you make $60k a year, and the house you want costs $600k a year, and Mom and Dad have a big ole’ 4-5 bedroom one that they bought 30 years ago for $80k, and it’s all paid for, and your obnoxious kids are all out and into their own tiny little studio apartments, why is this surprising?

I spent less than 6 months income on my Florida home, and it’s not fancy, but it’s not bad, and it’s 100% paid for. Can’t do that in California.

notropis on April 21, 2014 at 9:05 PM

But I don’t want to move to England.

Axe on April 21, 2014 at 9:06 PM

Economy might not be the only reason. I think people are increasingly moving in with aged parents to take care of them. Maybe they will inherit the house anyway and this way the elderly parent gets to stay at home rather than a nursing home.

crankyoldlady on April 21, 2014 at 8:56 PM

If you read the whole article, you’ll find they accounted for that, and the increase is almost solely due to economic reasons.

CJ on April 21, 2014 at 9:06 PM

Ugh

How’s that hopey changey thing working out California?

cmsinaz on April 21, 2014 at 9:11 PM

But I don’t want to move to England.

Axe on April 21, 2014 at 9:06 PM

You will move to wherever she wants to go and love it.

RickB on April 21, 2014 at 9:12 PM

Crap,….HilRod gets in,..and no one is going to leave the family unit!!!

canopfor on April 21, 2014 at 9:12 PM

Got their Obama posters hung up?

cmsinaz on April 21, 2014 at 9:13 PM

Ugh

How’s that hopey changey thing working out California?

cmsinaz on April 21, 2014 at 9:11 PM

cmsinaz: Kinda Sh…er, poopy!:)

canopfor on April 21, 2014 at 9:13 PM

Indeed Canopfor

cmsinaz on April 21, 2014 at 9:14 PM

Yepper big C….. yepper

cmsinaz on April 21, 2014 at 9:14 PM

“Embrace the suck!”

KMC1 on April 21, 2014 at 9:15 PM

crankyoldlady on April 21, 2014 at 8:56 PM

If you read the whole article, you’ll find they accounted for that, and the increase is almost solely due to economic reasons.

CJ on April 21, 2014 at 9:06 PM

The government claims that the official unemployment rate in California is 8%, it’s not. It’s closer to 26%. t5he economy here is bad, real bad. But it’s real bad because of decisions made in Mordor on the Potomac and Sacramento. A regulatory burden that makes it all but impossible to start or operate any business that isn’t software or reality related. Tax rates that absolutely crush any notion of expansion. And let’s be honest, government mendacious malfeasance and corruption at every conceivable level.

oscarwilde on April 21, 2014 at 9:16 PM

Kalifornia is so deep into Socialist la-la land, the next Governor may very well be a full blown, out in the open, Communist (or worse).

Meople on April 21, 2014 at 9:18 PM

And let’s be honest, government mendacious malfeasance and corruption at every conceivable level.

oscarwilde on April 21, 2014 at 9:16 PM

Very sad. California showed such promise 40 years ago.

crankyoldlady on April 21, 2014 at 9:19 PM

canopfor on April 21, 2014 at 9:12 PM

Hilrod gets in and I’m movin’ in with you and Drywall.

Lanceman on April 21, 2014 at 9:22 PM

See the left and their wonderful policies are pro-family.

CW on April 21, 2014 at 9:23 PM

it’s not. It’s closer to 26%. t5he economy here is bad, real bad. But it’s real bad because of decisions made in Mordor on the Potomac and Sacramento. A regulatory burden that makes it all but impossible to start or operate any business that isn’t software or reality related. Tax rates that absolutely crush any notion of expansion. And let’s be honest, government mendacious malfeasance and corruption at every conceivable level.

oscarwilde on April 21, 2014 at 9:16 PM

You lie, boy! Urbane Effetist told me you’re a hater! That’s hater-talk!
<——-insert whiny pajamaboy voice here

Lanceman on April 21, 2014 at 9:24 PM

Lanceman..I may have to fight you for Canopfor’s basement
:)

cmsinaz on April 21, 2014 at 9:26 PM

OK, first of all, I don’t know of ANYONE who is thrilled at having their 26 year-old at home, much less having to pay for his/her health insurance. This is a bigger lie than keeping your plan/doctor. Why don’t any right-leaning publications expose this hypocrisy? BTW, I know this from experience.

MikeinPRCA on April 21, 2014 at 9:27 PM

cmsinaz on April 21, 2014 at 9:26 PM

No! You will stay with Mika Zhuzhinski. She owes you that for being her only viewer! :P

Lanceman on April 21, 2014 at 9:30 PM

Lol lance :)

That’s right…

cmsinaz on April 21, 2014 at 9:33 PM

oscarwilde on April 21, 2014 at 9:16 PM

You lie, boy! Urbane Effetist told me you’re a hater! That’s hater-talk!
<——-insert whiny pajamaboy voice here

Lanceman on April 21, 2014 at 9:24 PM

Urbane Effetist is a wannabe pickle puffer…

oscarwilde on April 21, 2014 at 9:36 PM

Comrades, COMRADES is feature not bug of grand 5 year plan of Obama and democrat party commisars. Soon all will be equal but for our leaders of party and .01%.

It is going to be a glorious future. GLORIOUS COMRADES!!!!

jukin3 on April 21, 2014 at 9:38 PM

Crap,….HilRod gets in,..and no one is going to leave the family unit!!!

canopfor on April 21, 2014 at 9:12 PM

It takes a village, and we’re all going to have to live in the same LEED certified 3 bedroom cape cod.

You better not snore, my friend!

Laura in Maryland on April 21, 2014 at 10:24 PM

“A Prius in every driveway.”

——-Henry IV Moonbeam the Dork

viking01 on April 21, 2014 at 10:34 PM

Recovery Summer Decade, folks!

~Joe Bidet

Joe Mama on April 21, 2014 at 10:36 PM

See the left and their wonderful policies are pro-family.
CW on April 21, 2014 at 9:23 PM

^^^ This is beautiful. I only wish I’d been as clever, CW. Yes, yes…the true party of family values.

brentspolemics on April 21, 2014 at 10:52 PM

Hippy free birds, readily available to give government a free hand in playing with Social Engineering now can’t pull themselves up by their ‘boot straps’ what a tangled web they have created.

RdLake on April 21, 2014 at 11:41 PM

The next generation is going to get it worse. The trends are bad, and they won’t be able to call on the resources of an established older generation.

David Blue on April 22, 2014 at 12:20 AM

I may never understand this fascination with where other people live.

bmmg39 on April 22, 2014 at 12:37 AM

The question is – are you better off now than you were 5 years ago? This certainly provides one answer

johntexas on April 22, 2014 at 9:49 AM

I think we’re in for another real estate bubble. I’m sure there’s a lot of properties being seized by banks as the owners die off without designating a next of kin to inherit it.

Then the properties are sold mostly to holding companies, who can afford to pay the exorbitant costs. Actual homeowners would be lucky to get some of them in foreclosure sales.

Pretty soon we’re gonna have a situation like in China, where whole neighborhoods of high-rises sit empty because the banks and holding companies (and in this case, the government) would rather sit on them instead of lowering their prices so actual people could afford them AND a decent lifestyle.

I think once the housing costs come down, we’ll see a rejuvenated economy and more money changing hands among the commoners.

I may also be talking out my rear… but that’s just me trying to guess what’s wrong with the economy, besides the obvious high taxes and ridiculous regulations. Too much money is being hoarded for the free market to work its magic.

TMOverbeck on April 22, 2014 at 10:15 AM

The jump is almost exclusively the result of financial hardship caused by the recession…

WOAH! Hold it right there! What recession? President Obama declared the recession over! We can’t possibly be in a recession!

/sarc

dominigan on April 22, 2014 at 11:25 AM

Government Regulations kill jobs as businesses are destroyed.

ama on April 22, 2014 at 11:46 AM

Peter Pan Syndrome?

oldleprechaun on April 22, 2014 at 4:03 PM