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In the media: National Columnist Emma Teitel covers GEM professor Nancy Worth's research report GenY at Home in the Toronto Star

Tuesday, October 3, 2017

toronto star“Get out as fast as you can,” quotes National Columnist Emma Teitel in the Toronto Star. This, Teitel says, was a phrase she often heard in regards to moving out of the parents' home after graduation. But in retrospect, Teitel expresses a different opinion, reflecting on GEM professor Nancy Worth's Gen Y at Home research report. "Living at home after graduation might be the most adult thing you'll ever do," Teitel writes, explaining that it, "suggests a young person who values security in their thirties and forties — and ostensibly in retirement — more than they value having fun in their twenties."

"That Toronto is expensive and very few can afford to own homes or rent them is certainly not news (the average price of a one-bedroom apartment in this city recently reached $2,000 a month). What is news, however, is the fact that a soaring cost of living has drastically changed the face of adulthood in this city."

Teitel concludes: "A word of wisdom to anyone who recently graduated from high school or college: if you are living at home with your parents and you’ve been told to get out as fast as you can, ask yourself a few questions first. What’s more important? Paying for your own apartment in an attempt to appear more adult, or living at home for a while to save money, so that, come 30, you will feel like an adult?"

Read the GenYatHome report and read the full Toronto Star story here.

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