Number of the Day Shows Reverse Empty Nest Trend

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Number of the Day

That’s how much Yelp.com is giving to as many as 10 winners of a special offer incentivizing young adults to move away from home (in many cases, again.)

As part of the “Re-Empty The Nest” contest Yelp.com announced Tuesday, any Yelp user who requests a quote for a mover, cleaner or another home service (and then submits a screenshot of their quote) is eligible to enter. The online business finder said it’s targeting adult children who are ready to leave home again after returning to their parents during the pandemic. The money, awarded as a gift card, can be used at the user’s discretion for things like moving and maintenance costs, according to Yelp.com. Winners will be selected randomly.

In July, 52% of adults 18 to 29 were living at home with parents—a bigger share than ever previously measured, according to the Pew Research Center. That compared to 47% in February, prior to the pandemic. Young people said they moved back home because of college closures, unemployment, or other financial reasons.

If you’re thinking about moving, you may be able to negotiate your rent, saving hundreds or thousands over the term of your lease.

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