ASSIGNMENT:

Should parents charge adult children rent?

Is it fair to expect adult children to pay board, or should living at home be an opportunity to save?
Unsplash

Is it fair to expect adult children to pay board, or should living at home be an opportunity to save?

With the cost of rentals soaring across New Zealand, more and more millennials are choosing to live in their family home.

This batch of 20-somethings are the "yo-yo" generation - spreading their wings to head off on an OE or to university, and settling back into the family nest on their return. And some, of course, never leave in the first place.

But living at home doesn't necessarily mean tapping the bank of Mum and Dad, and many parents charge board.

Is this fair, or should living at home be an opportunity for saving?

READ MORE:
Solo mum's adult children pay board, but they're also forced to save
Should parents charge their adult children board?
How can I get on the ladder when I can't afford to rent?
The sacrifices parents are making to help their kids into their first home

The property market has changed - is the idea of moving out at 18 just outdated now? Or do you think this generation needs to learn to be more self-sufficient?

If you're a parent or adult child living in this set-up, we'd love to hear your thoughts. What's your rent agreement, and why does it work for you? Are you in this for the long haul, or do you see it as a stop-gap?

Hit the button or email stuffnation@stuff.co.nz to share your story or opinion. As always, we're looking for submissions of 300 words or more.

 - Stuff Nation

Comments

Ad Feedback
special offers