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Rising Housing Costs Push Young Adults Back Home

10/5/2025

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Summary

Story summary

In Canada, 45.8% of adults aged 20-29 lived with at least one parent in 2021, up from 32% in 1991, driven by economic pressures and rising housing costs.
Living with parents can help adult children save money but may hinder independence without clear expectations.
Parents face higher costs, with 54% sacrificing retirement savings to support adult children.

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Story summary

In Canada, 45.8% of adults aged 20-29 lived with at least one parent in 2021, up from 32% in 1991, driven by economic pressures and rising housing costs.
Living with parents can help adult children save money but may hinder independence without clear expectations.
Parents face higher costs, with 54% sacrificing retirement savings to support adult children.