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May 3, 2011

Free housing!

Nearly half of men under 25 -- at least those surveyed by Rent.com -- are paying zilch for their living arrangements. It's no great secret how: They're depending on the kindness of family, or in some cases friends.

They're not the only ones.

The recession and sluggish recovery have put many more people in the category of living with Mom and Dad (or Sis or some other relative with a roof over their heads) out of financial necessity, regardless of age. And in good times and bad, there are always those who move in with family to take care of aging or ill loved ones.

Is this you -- or was it? Is it more upside or downside -- more togetherness or stress?

While we're on the subject, have a poll:

Along with its survey, Rent.com released a Top 10 list of cities for bachelors. Houston was No. 1. No. 10? Baltimore.

"Baltimore, MD attracts singles with charming and scenic Inner Harbor bars and restaurants," the company said in a press release. "Statistics say there are plenty more single ladies than men in this city, and it’s both affordable and unique."

Not being a bachelor, I can't possibly weigh in on this one. What do you think?

Posted by Jamie Smith Hopkins at 6:00 AM | | Comments (5)
Categories: Polls, Renting
        

Comments

I love my parents!! I lived rent free for approx 3 years until I purchased my house. My sisters do so while they live at home, but my parents do except them to pay for things & do things around the house.
As for the bachelors part... I haven't seen any guys in the City worth Bringing home to mom & dad. Not what rent.com is looking at, but there is def a shortage of Decent single guys, at least the ones that aren't drunk in the bars every weekend. Do you know how hard it is to find a guy w/o kids in the city? Very Hard!

I think a lot of these guys are doing it because of the tough job market, not because of the housing collapse.

By the way, unless you have really cool parents, this is a very high price to pay--I wouldn't consider it free housing. Then again, I moved away from home at 18 and, other than a few wks during summers from college, have not lived at home for a decade. The reason for this? No amount of "free" housing would make up for the lack of privacy or freedom. Not to mention that my parents used us as free household labor on the weekends. To be fair, I'd make my kids do chores and errands, too.

Mom & dad made us do our own laundry, buy personal items & pay our own insurance, phone & other things. I always picked up beer & wine & other things for the house too. Plus we always had to clean the kitchen after dinner.

I recently offered a room in my new home to my grown son and at no charge. The offer includes his dog as well (a great dog!) but not the girlfriend (no where near as great).

Not specifically stated though is the caveat that the offer is limited to the time it should take him to get established in a new area (read: not unlimited) and the expectation that he will pitch in with all sorts of things around the property (I have a list!).

So far, he hasn't shown up.

Since i moved to Baltimore in 1994, i have heard many women complain about how hard it is for their Son/Brother,Nephew/Son-in law, to find a job.And much of this was before e reccession.

The interestingthing is that i never heard anyone say the same thing abut thier Daughters. No offence to my own gender, but im guessing that the percentage of adult women living with thier parents is much lower..And in my experience, the women that do live with thier parents tend to look after thier parents or help around the house.

I used to work at a laundromat.And i knew many 50-70 yer old women that did thier son 's laundry.I thought it strange that they had had children so late in life.Then i realised that they were washing their 30 year old son's cloths

As far as single women outnumbering single men in Baltimore, i think that the story behind this is very sad.

I am not trying to be funny when i say that it is probably due to the large amounts of men incarcerated in places like Hagerstown and other prisons outsideof Baltimore. Most people in Baltimore arent proffessionals who live in Fed Hill.

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
Baltimore Sun articles by Jamie
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