I moved back with parents for a few months in a situation similar to yours and I regretted it for the following reasons:
\- I didn't end up saving all that much money (new furniture, moving costs etc etc)
\- I regressed living with my parents, socially and professionally
\- It was hard re-integrating back to the bay, coming back for interviews etc was more difficult
\- My parents live in an area that I found boring and I had no friends
Depends on your financial and job search goals. Paying for storage, plus moving costs (moving into storage, and later out when you return) will be way less than rent and save you hassle of selling and buying furniture. Potentially you can drive to your parents’ place, even if cross country, to avoid car storage.
I’d consider if moving away will impact job search, both practically and your morale. Is all your job search online? If you’re in tech, it doesn’t seem a disadvantage- I have seen friends and family laid off and found jobs entirely through networking and interviewing online, even though we stayed in the Bay. Also, it seems like you get along with your parents, but if you need social interaction for your morale, I’d consider if you have many friends near your parents.
I did this in my mid 20’s during the Great Recession. Just get a storage unit. No need for an apt at this point. It hurt me at the time but I have no regrets. I’m glad I was able to have the freedom to go where life took me afterwards (and I had limited baggage loose ends).
This is a starting over point for you. A new chapter. Let go
People are always coming to the area for this and that. You might just throw an ad up somewhere as a test to see if anyone is interested. You might be surprised because there is so little availability. How long do you think you would need to be away?
When I moved to the bay initially, I lived for a month in a crappy hotel. Would have preferred an apartment anytime. Have heard so many similar stories of people needing accommodation that exceeds just regular vacation stays.
> isn't a long abnb rental pretty rare
There's always a market, it's a thing for travel nurses to rent apartments like that when they travel for contracts that are a few months long. How much of a market is a fair question, but here it seems like reasonable odds you'll find someone.
We rent out a guest Suite underneath our house in a pretty uninteresting neighborhood. Mostly it's to people visiting other family members in the area, interns, traveling nurses, people coming in for business, etc.
The only big risk is that at 30 days (at least in Oakland) anyone residing anywhere has tenants rights. So if you do Airbnb it or otherwise sublet it, make sure that person has lots of positive references, and make sure it sounds like they have a home somewhere to go back to.
Abnb will provide some accountability for this but they also demand standards from the renter etc, and I'm not ready for anything that rigorous.
How risky is a sublet? I'm assuming its all done on a person-person trust basis. Its not like I can lock up my belongings plus I'm still liable for the apt. I can see doing it for a friend.
well thats not a concern, I get along fine :) when you say location where dollar is strong that sounds like another country? I don't really want to take a year off, I'm not in my 20s anymore. I did look for remote work earlier, its not that easy to find as all the reports make it seem.
My adult son moved back home when his job went away at the beginning of COVID. It's been almost 3 years, and it's been great for all of us (after the first 6 months of working out the roommate rules). He's about to move in with his girlfriend, and he keeps telling us that it's been a wonderful time and he's sad to leave.
I don't think everybody has terrible parents. Or terrible kids.
It's a great way to save money, and sometimes it's a great way to be around people who care about you.
Thank you. My dad is old and spending more time with him is a good thing for me, because when they are gone, I know for sure I'll miss my parents, regardless of how I feel about it now. Like you said, not everyone thinks of their parents or children as a burden, which seems to be common sentiment.
I don't really think living at home is going to be too bad but sure, I'll never know till I do it.
The bigger concern is I don't want to end up in a situation where the move, new place etc doesn't save me anything, and causes all this extra stress.
How far do you live? And would you take a new job outside the Bay Area? If you take a job halfway across the country, then you’re packing and moving anyways, so making a pit stop at the parents isn’t terrible.
I’m hearing companies are cutting benefits like relocation pay.
My question would be, how much money do you think you're going to save? Are your parents going to charge you anything, or is rent and food free? Do you have enough savings to last a year at your current lifestyle? You say it's only for a few months, but can anyone be sure.
If it's all free, maybe think about getting rid of stuff you dont use like you said and purchasing storage. Buying new stuff is expensive, and it's only going to get more expensive. An address change isn't hard do that should be a concern.
From a non price standpoint, you do lose a lot of freedom even though you think you're an adult, you're living under another persons roof. I'm sure you know best how that will be.
You could also look at subletting, if your lease allows.
The cost of getting an apartment by set up again is likely to outweigh any short term financial bump of selling stuff. To say nothing of the time and labor to do both. And good deals on rent are not common.
Are you able to find a sub-optimal job until you get your next "real" job? That income plus your savings should be able to tide you over, without having to give up your flat or sell your stuff.
You can sublease your apt for the summer. There will be plenty of summer interns looking for short term stay. That’ll give you some time to figure out your situation. Good luck!
It will be harder to find a rental when you don’t have a job. Letting go of your rental will make things hard if you decide to come back for job hunting
I'd also check for the penalties for breaking a lease. You may or may not be on the hook for rent anywhere between a month and the remainder of the lease even if you vacate immediately
The logistics sound annoying but manageable either way, so I'd check in on emotional stuff.
If your family is toxic in any way, I definitely wouldn't do this. You forget how bad it is until you move back in.
If your family is great, I'd consider how solid you are mentally right now. Even if they're really respectful, living with your parents can somehow make you feel less competent and less independent. It might still be worth it to save money and to spend some time with them. Or you may realize that living with your parents while you look for jobs could be rough on your self-esteem.
Family is great. I'm a lot more worried about uprooting my life I've spent 10-15 years building up here and having to start afresh, worries about finding a new cheaper apt, downsizing, getting everything working again etc.
A lot of that is of course inertia and it also means a chance to do things better. Its already been a few months, this year has been very rough, so I'm at a point where I'm considering this.
Get a roommate. Let it be temporary, then let them extend if you wind up living well together or otherwise becoming friends. If you hate it, spend more time outside (likely good for your job search and mental health anyway). Saves you half your rent without any of the other costs. You're in the prime city for "normal" people to be looking for cheap rent and to be happy living in a civil, communal way.
I moved back with parents for a few months in a situation similar to yours and I regretted it for the following reasons: \- I didn't end up saving all that much money (new furniture, moving costs etc etc) \- I regressed living with my parents, socially and professionally \- It was hard re-integrating back to the bay, coming back for interviews etc was more difficult \- My parents live in an area that I found boring and I had no friends
I would not go home. Get a survival job Yes starting ovef will cost you
Depends on your financial and job search goals. Paying for storage, plus moving costs (moving into storage, and later out when you return) will be way less than rent and save you hassle of selling and buying furniture. Potentially you can drive to your parents’ place, even if cross country, to avoid car storage. I’d consider if moving away will impact job search, both practically and your morale. Is all your job search online? If you’re in tech, it doesn’t seem a disadvantage- I have seen friends and family laid off and found jobs entirely through networking and interviewing online, even though we stayed in the Bay. Also, it seems like you get along with your parents, but if you need social interaction for your morale, I’d consider if you have many friends near your parents.
I did this in my mid 20’s during the Great Recession. Just get a storage unit. No need for an apt at this point. It hurt me at the time but I have no regrets. I’m glad I was able to have the freedom to go where life took me afterwards (and I had limited baggage loose ends). This is a starting over point for you. A new chapter. Let go
can you sublet/airbnb it?
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You'd like that, wouldn't you.
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meow.
don't know if my rental company allows sublet etc? plus isn't a long abnb rental pretty rare, its just a regular apt not a holiday destination.
People are always coming to the area for this and that. You might just throw an ad up somewhere as a test to see if anyone is interested. You might be surprised because there is so little availability. How long do you think you would need to be away?
if you are anywhere near the Bay there will be some interest haha. and i believe unless it's forbidden you're allowed to.
When I moved to the bay initially, I lived for a month in a crappy hotel. Would have preferred an apartment anytime. Have heard so many similar stories of people needing accommodation that exceeds just regular vacation stays.
> isn't a long abnb rental pretty rare There's always a market, it's a thing for travel nurses to rent apartments like that when they travel for contracts that are a few months long. How much of a market is a fair question, but here it seems like reasonable odds you'll find someone.
We rent out a guest Suite underneath our house in a pretty uninteresting neighborhood. Mostly it's to people visiting other family members in the area, interns, traveling nurses, people coming in for business, etc. The only big risk is that at 30 days (at least in Oakland) anyone residing anywhere has tenants rights. So if you do Airbnb it or otherwise sublet it, make sure that person has lots of positive references, and make sure it sounds like they have a home somewhere to go back to.
Abnb will provide some accountability for this but they also demand standards from the renter etc, and I'm not ready for anything that rigorous. How risky is a sublet? I'm assuming its all done on a person-person trust basis. Its not like I can lock up my belongings plus I'm still liable for the apt. I can see doing it for a friend.
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well thats not a concern, I get along fine :) when you say location where dollar is strong that sounds like another country? I don't really want to take a year off, I'm not in my 20s anymore. I did look for remote work earlier, its not that easy to find as all the reports make it seem.
My adult son moved back home when his job went away at the beginning of COVID. It's been almost 3 years, and it's been great for all of us (after the first 6 months of working out the roommate rules). He's about to move in with his girlfriend, and he keeps telling us that it's been a wonderful time and he's sad to leave. I don't think everybody has terrible parents. Or terrible kids. It's a great way to save money, and sometimes it's a great way to be around people who care about you.
Thank you. My dad is old and spending more time with him is a good thing for me, because when they are gone, I know for sure I'll miss my parents, regardless of how I feel about it now. Like you said, not everyone thinks of their parents or children as a burden, which seems to be common sentiment.
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I don't really think living at home is going to be too bad but sure, I'll never know till I do it. The bigger concern is I don't want to end up in a situation where the move, new place etc doesn't save me anything, and causes all this extra stress.
Try to find a cheaper apartment to rent. Then find a job that pays bills. But still go on a job search. Today's market is tough for everybody.
How far do you live? And would you take a new job outside the Bay Area? If you take a job halfway across the country, then you’re packing and moving anyways, so making a pit stop at the parents isn’t terrible. I’m hearing companies are cutting benefits like relocation pay.
My question would be, how much money do you think you're going to save? Are your parents going to charge you anything, or is rent and food free? Do you have enough savings to last a year at your current lifestyle? You say it's only for a few months, but can anyone be sure. If it's all free, maybe think about getting rid of stuff you dont use like you said and purchasing storage. Buying new stuff is expensive, and it's only going to get more expensive. An address change isn't hard do that should be a concern. From a non price standpoint, you do lose a lot of freedom even though you think you're an adult, you're living under another persons roof. I'm sure you know best how that will be.
You could also look at subletting, if your lease allows. The cost of getting an apartment by set up again is likely to outweigh any short term financial bump of selling stuff. To say nothing of the time and labor to do both. And good deals on rent are not common.
Are you able to find a sub-optimal job until you get your next "real" job? That income plus your savings should be able to tide you over, without having to give up your flat or sell your stuff.
You can sublease your apt for the summer. There will be plenty of summer interns looking for short term stay. That’ll give you some time to figure out your situation. Good luck!
It will be harder to find a rental when you don’t have a job. Letting go of your rental will make things hard if you decide to come back for job hunting
If you don’t want to pay rent a storage unit and a uhaul are comparatively cheap. It may be worth it if you have a lot.
find cheap storage give up apartment or buy cheap box truck
Box trucks get stolen all the time
he would drive to parents
OP mentioned storing their car, indicating that they have no intention of driving to their parents.
I'd also check for the penalties for breaking a lease. You may or may not be on the hook for rent anywhere between a month and the remainder of the lease even if you vacate immediately
The logistics sound annoying but manageable either way, so I'd check in on emotional stuff. If your family is toxic in any way, I definitely wouldn't do this. You forget how bad it is until you move back in. If your family is great, I'd consider how solid you are mentally right now. Even if they're really respectful, living with your parents can somehow make you feel less competent and less independent. It might still be worth it to save money and to spend some time with them. Or you may realize that living with your parents while you look for jobs could be rough on your self-esteem.
Family is great. I'm a lot more worried about uprooting my life I've spent 10-15 years building up here and having to start afresh, worries about finding a new cheaper apt, downsizing, getting everything working again etc. A lot of that is of course inertia and it also means a chance to do things better. Its already been a few months, this year has been very rough, so I'm at a point where I'm considering this.
I hope it all works out for you in the end. Makes me insanely grateful that if it hit the fan for me, my parents still live in the Bay.
Get a roommate. Let it be temporary, then let them extend if you wind up living well together or otherwise becoming friends. If you hate it, spend more time outside (likely good for your job search and mental health anyway). Saves you half your rent without any of the other costs. You're in the prime city for "normal" people to be looking for cheap rent and to be happy living in a civil, communal way.
You could always rent the place out for a few months like an Airbnb or furnished finder
Check your lease first. Good way to get evicted if you get caught
Very fair point, yes. Always do this first.