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Wednesday, September 18, 2013

Hey Boomerang Kids, San Francisco Is One of The Best Cities to Live With Your Parents

Posted By on Wed, Sep 18, 2013 at 12:38 PM

click to enlarge Five college degrees later and still failing at life
  • Five college degrees later and still failing at life

If you recently turned 38 and are about to graduate with your fifth degree, you're probably totally freaking out about what your future holds. I mean what are you really going to do with multiple advanced degrees in English when the only thing you've written in the last week is LMFAO?

Your next step in life seems pretty obvious to us: Move in with your parents.

All the more reason to if you are in San Francisco. A new study by Estately.com says that San Francisco was ranked among the top 13 best places to bunk up with mom and dad, which is pretty damn convenient considering the median rental price here is $3,396 and the median home price is $767,300, according to the study.

"Couple all of this with a cost of living 64 percent higher than the national average and there's reason enough to hide under your old Star Wars sheets and never come out," researchers over at Estately says. "On the upside, the wine is 18 percent cheaper in San Francisco, so there is some justice in the universe."

These same researchers decided that, given the record number of adults moving back home with their parents, it was a great time to put together a guide detailing the best cities for adults are having a bit of trouble cutting the cord. They factored in the cost of living, apartment rental prices, home prices, and unemployment numbers to determine which cities provided the most incentive to live with mom and dad.

Afterward, they compiled housing data from Estately's real estate listings to determine which cities had the most ideal homes for those cohabitating with parents. Bonus points were given to those cities that offered large square footage, spacious basements (for the Guitar Hero-types), guest suites, garages, tree forts (for manchildren), or other spaces for adults who just don't wanna grow up.

Per the blog:

Last year, a record 36 percent of American young adults (ages 18-31) were living at home with their parents. Some simply failed to launch their adult lives and chose to move home to reconnect with microwave Hot Pockets and their Sega Genesis. Others racked up student loan debt and failed to enter the job market during a recession. Either way, they're back in their old rooms, enduring dinnertime lectures about life choices.

Guess which other cities are on the list?


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About The Author

Erin Sherbert

Erin Sherbert

Bio:
Erin Sherbert has been Online News Editor for SF Weekly since 2010. She's a Texas native and has a closet full of cowboy boots to prove it.

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