Some parents follow a"my house, my rules" attitude, even if an adult child is closer to 40 than 18. Others may be more hands-off but at the very least expect the child to contribute in some way financially. Sure, high rent and economic strain may be the reason an adult child is moving back in, but that doesn’t mean a parent’s home should be a free ride without any expectations or monetary obligations.
Even if you don't need the money, charging kids rent ensures responsibility and is a sort of forced savings account. Generous parents could return the accumulated monthly rent back to their children when they’re ready to leave. Before setting an amount, it’s helpful for parent and child to have an open conversation around the idea of rent and what feels doable. Parents should be ready to explain how the rent money is being used, and the child needs to be honest about what’s affordable based on their current employment and financial situation.
_Business Once they move out, there's no moving back. They've made their bed, they must sleep in it. There is no sponging off me. Life is tough, live with it!