The trend today is not like it once was.  It used to be that once the kids graduated from college, then got their own place but today more and more are moving back home.  The economy has cause this trend and many young adults stay home for a few years until they develop a stronger financial foundation.  In this way, they can have less living costs as they begin paying off their student loan and some will attend graduate school.

For the parents, this could be a dreaded situation or it could be a delight. Either way, both sides need to understand the financial challenges that the parent will be faced with and if the family gets together to discuss this, there is a better chance of keeping harmony in the household.

It would be wise to talk about every ones expectations in advance so everyone knows what the living arrangements will be. Questions need to be answered, like if this child will pay rent, what chores he might have and how much he or she will contribute to food. Maybe a time limit is set for when the child needs to have found his own place and putting it in writing will then assure no misunderstanding later down the road.