Rise Of The Bounce Back Kids

While The Dream Was Once All About Moving Out And Moving On From Our Parents, Times Have Changed And Now We’re Happily Going Back To Our Childhood – Literally. Morgan Reardon Meets Gen 'kidult'

DO YOU REMEMBER that Sarah Jessica Parker flick Failure to Launch? The one where she is employed by parents – in the movie’s case Matthew McConaughey – to encourage men in their 20s/30s to move out of their parents’ homes. Well, it turns out this isn’t just some outrageous plotline for a B-grade romcom. No, Aussie millennials are returning home in droves, earning themselves the moniker boomerang babies, bounce-back kids… you get the point. ‘There’s definitely been an increase with millennials returning home, mainly due to increased costs of housing over the last five years,’ says financial advisor Brendan Burrows. ‘The main situation that seems to cause the boomerang back home include relationship breakdowns where both parties can’t afford to live on their own, loss of employment and couples focusing hard on saving for a house deposit.’ It sounds like us millennials might be onto something here. We meet some seriously savvy gals and find out how they make it work...

‘I’VE BEEN ABLE TO RECONNECT WITH MY MUM AND DAD ’

Chelsea Sneyd first moved out of home when she was 23 and headed to the UK for an adventure, then to Sydney for her career. Fast-forward to 2018 and the now 30-year-old is living back on the Gold Coast in the family home she grew up in.

‘I moved out of home a little later than most of my friends because I was helping my mum raise my brother who has Down’s syndrome, while my dad was working overseas. Because they knew I really wanted to travel, they bought me a flight to the UK when I was 23 – so they literally kicked me out, but it was with a good heart because they knew if they didn’t force me, I would find every reason to stay.