"I know what people think. They see you on TV and magazines and stuff and they think, 'That guy must have a place.' Nope."
When "Weekend Update" co-anchor Colin Jost suggested that many actors, when they make it big, buy a house for their parents, Davidson shot that idea down hard.
"Yeah, I'm not gonna do that," Davidson quipped. "If I buy a house, I'm gonna live there."
While the comic said that living with his mom hasn't been a bad experience, it has led to some awkward situations.
"When you're 15 and your mom catches you [masturbating], it's just embarrassing… When you're 25 and your mom catches you masturbating, it's like, 'This should not have happened! Who just walks into the kitchen without knocking?'"
Later, to pay his patient and forgiving mom her due, the comic brought his mom out onto stage to join him for the segment.
"So I live with my mom… well, we bought a house together, but nobody believes that. So I live with my mom, kinda," he shared. "So I have, like, a basement that’s mine, but that’s, like, an apartment, so I live underneath her."