Should adult children living at home pay rent to their parents, and how much is a fair amount? Four experts share their views

In Ireland, nearly 70% of 25-year-olds still reside in their parents' homes, according to recent data from the CSO. This situation creates unique dynamics between generations, particularly regarding financial contributions and personal boundaries. With home ownership rates for this age group being quite low—with only 5% owning homes—questions arise about the responsibilities of young adults who are employed but still live at home. The article emphasizes the significance of setting physical and financial boundaries in these living situations to ensure mutual respect and independence.

Establishing clear physical and financial boundaries is crucial for grown-ups living at home with their parents, particularly in Ireland where nearly 70% of 25-year-olds do so.

Statistics reveal that less than 5% of 25-year-olds in Ireland own homes, raising concern about the housing market and the dynamics of generational living arrangements.

As many young adults balance work commitments while living at home, the question of contributing financially to household expenses becomes increasingly pertinent.

The current trend of young adults living with parents demands a reevaluation of familial roles, responsibilities, and the financial implications of such arrangements.

Read at Independent