Some findings from the HILDA Survey
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Young adults are living with their parents longer to save money, and leaving it later to marry, buy a house and have children, according to research by the University of Melbourne’s Melbourne Institute of Applied Economic and Social Research.
Compared with previous generations a higher proportion of today’s young adults are also not married and without children, says author of the study, Dr Gary Marks. The study shows, however, that by age 30 almost all young people have left home, only five per cent of 30 to 34 year olds live with their parents, and that parental occupation status is linked to whether a young person has moved out. Young people whose parents’ occupations were in the highest status quartile were more likely to be living at home, partly because they were more likely to be in full-time education. See the study, Transitions to adulthood: Leaving home and partnering, at HILDA Survey
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HILDA Survey: Household, Income and Labour Dynamics in Australia
See:
HILDA Survey
I came here as an international student and I've been renting and living on my own for 7 years, since I was 18. I don't really know what it's like to be a young adult living at home (although I've had the opposite experience: my parents visiting and living with me as guests). Initially I thought that the norm here for young adults is that they'd all move out at 18, except for a few, but that seems to be a thing of the past. Working at a uni, I know a lot of students (of all backgrounds) in their early-mid 20s and the majority still live at home with their parents. The few who are renting usually have moved here from another state, regional area or from overseas.
What is it like for young Asian Australians?
