Do you think your young children will ever move out as adults?

[drivingtonowhere]

I have 3 young children, youngest is 8 months. We’re not well off and of course we hope they go to uni and will support them but won’t be in a position to support them buying their own homes.
Is it even realistic to assume they will all grow up and move out?
I’m an 80s child but I couldn’t honestly see how I would manage if I was leaving home now, let alone in 20 years when my children will be adults.

My dc is only grandchild. My parents have set up a trust fund for this specifically. My dad is 73 so probably won't be here by the time dc is 20s so he will get the money then I imagine. Or I'll keep it secret until he's mature enough!

My oldest will be alright as she has an inheritance from her paternal grandparents that will help her get started so long as she doesn't use it up during student years. She will definitely move out once she's done with school, she can't wait to leave our small town.

My youngest has informed me he never wants to live in a different house to me
It will be more difficult for him as he doesn't have an inheritance like his sister does (different dad) so I will encourage him to start saving for a deposit as soon as he can (in my country you can open a deposit savings account with the bank from 15 years old and if you save enough for the deposit they will loan you the rest as they take the regular saving as proof of good fiscal sense). But even before being in a position to buy I'm sure he'll move out, it's rare for adult children to not move out where I am, though perhaps that will change now they've lowered the amount of housing support they're entitled to.

My brother though only just moved out of my parents house (in the UK) this year, at 40, to move in with me instead (though now he pretty much lives with his girlfriend)

Yes but we live in Yorkshire so property is a lit cheaper!
Our house isn't suitable for DD1s planned menagerie
And DD2 will want a city

I think there will be a shift away from the expectation of owning a house. More people will rent long term (because the other option is living with their parents for years), and if that's what their peers are doing too then they probably won't mind so much.

Meanwhile back in the real world, most kids down get massive handouts from family to fund house deposits. DD 18 will move out because she wants independence but for now while at uni she will be staying at home because she doesn’t want loads of debt.

My 2 DS (25 & 23) are still living at home. We live in the SE so property is very expensive. Eldest is saving like mad and plans to move to the North and buy a property outright when he is 30. The youngest has no plans and lives his life to the full!

Of course they will, it’s not even a question or an option.

My 2 are lucky that they stand to inherit something from both sets of GP's. We live within commuting distance to four universities, so we will encourage them to live at home to save money while they are studying. They have older cousins who did this and have been very glad they did, as they are now in a good position financially compared to their peers.

I think mine will move out but older than I did.

I think they will save whilst living at home so without rent they have a good opportunity to save a lot, then most likely share costs with a partner.

They are lucky that they have thier own tiny room and I dont need rent, just food costs.

The first 2 responses say it all really.

Generational wealth has always been a key factor in who gets onto the property ladder and when, that divide is going to grow and the economic divide between people from families who benefit from generational wealth and those who don't will continue to grow.

I do think ours will move out though. DS1 has worked since he was 12, done 5am starts, now works around college and has been made supervisor at 17. He will work his arse off to get what he wants. We have had conversations for years about money, mortgages, pensions because we are not in a position to help them with deposit etc.

My children won’t get any inheritances from grandparents (despite them being well off!) We have got quite a big house so there is potential for multigenerational living which I would love. One child is autistic so he may always live with us which is fine with me. I love my kids and enjoy their company. One child is desperate to get away but money will be an issue until he is earning.

We’re saving for our dd to have money for a house deposit and are supporting her to work as best she can at school so that she has a better chance of a good job. Teaching her life skills about the value of money and if she wants a life similar to what she has now she’s going to have to work hard and make good choices. We have discussions that we will help her only if we see she’s helping herself (in whatever career path she chooses. I don’t care if she’s got a low or high level job as long as she works hard).

The way things are going they won’t be able to unless they move into a multiple house share. The UK is on a downward spiral. If I had the financial means I would be looking to leave.

If all goes according to plan, my daughter will be able to get on the property ladder - help from her father and a lucrative career. She's still not planning to move out though.

According to her, we'll both be busy with work and travel, get along very well and she's promises to cause me no trouble if I let her stay.
Apparently she just wants to stack all her money and have low overheads. A few years ago she couldn't wait to be adult, in her own home and independent. Lord knows where I went wrong 🤦🏾‍♀️.

Moving out be the least of our worries id imagine - more worried about lack of food, flash flooding / the climate hearing up even more etc !

I have no doubt my child will move out but whether he will be able to afford to buy a house or have to rent like me, I don't know.
There is a savings account for him and I'm thinking that will have money for things like driving lessons, school trips abroad... but won't be in a position to give him a house deposit.

Mine will be welcome to stay at home for as long as they want (as long as they are reasonable about shared living) - it's a big house - but since we're in the middle of no-where I doubt they will want to. I am saving to make sure that they have money for Uni, and if things go well, perhaps for house deposit (I don't know about their dad, he tends to burn through money)

I think where there's a will, there's a way, and that for example, 25 years ago when I got out of Uni (worked throughout), I was paying 600/month for a flat and was paid 21k/year (and that wasn't a bad salary for a new grad). That's minimum wage now, and you'll still get a flat for that (up until recently, my old 2 bed house was being rented for 800/month - in a southern town with good transport links, unlike the flat I rented!)

For purchases - there's a reason I'm out in the sticks - the cost of my 4 bed, standalone house on 1 acre only gets you a 2.5 bed semi in an estate round here. And given traffic, depending on where you're going, your commute might even take the same amount of time!

It's not all doom and gloom.