More Adult Californians Moving in with Parents

More and more adult Californians are living with their parents, according to a study by UCLA and the Insight Center for Community Economic Development. The study found that 2.3 million adult Californians were still residing in their parents’ homes in 2011, compared to 1.8 million adults before the recession.

the percentage of 25- to 34-year-olds living with their parents rose to 19% in 2012, when it had been 12% from 1990 through 2005.

My uncle built a 4 bedroom single story home on top of a hill over looking Los Angeles in Rancho Palos Verdes (by Long Beach, CA) when it was barren hills. 2.5 acres. Paid around $45,000 in 1959.

Now worth nearly $1.5 million. The house is rundown, kitchen needs update, no central a/c, Hot! until after 3pm when the ocean breeze comes in. One of his daughters called in a tear down. The homes around him are big. I used google satellite photo and his home is like a guest house to those around him. Who ever buys it will tear it down and put up a McMansion.

His kids all moved out during college, got married in their 20’s. None had to move back in. Today with the horrible economy I worry who I would have as a “roommate”.

Thanks for the info.

The first piece of property my dad bought when he was a young engineer in the late 50s was in Palos Verdes (called Rolling Hills at that time). It was barren, rolling, green hills (I still have his photos) near the ocean. He built a home for us with 5 bedrooms, which is still standing, and yes, my dad built a lot of it himself with his own hands — he thought nobody else would do it right, LOL.

There was a prison farm near us that closed right after we moved in, my grandparents were furious but I was too young at the time so I don’t remember it.

I grew up listening to the sound of fog horns at night. The days were cool until the fog rolled in in the late afternoon and covered up everything, we loved it as kids.

Dad was transferred as I was entering high school - he said later before he died that the biggest mistake he ever made was selling the Palos Verdes home, he wish he’d kept it b/c it went up so much in value — a large home in the rolling hills near the ocean? I can only imagine what it’s worth now.

Those were good days and it was indeed a wonderful place to grow up.

Rolling Hills is right next door a few blocks away. They have a gate and a guard. My uncles place isn’t that fancy. He did have one of the neighbors come by he had never seen before to tell him to clean up his place even though they and other neighbors cannot see his property (it ain’t messy).

There was a prison farm near us that closed right after we moved in, my grandparents were furious.

Maybe they thought you would do some farming one day and they wanted to be able to visit you : )

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.