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The majority of 18- to 29-year-olds in the US are now living with their parents

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Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#251

Post by Falling3 »

zpeti wrote: post #98
reflectiv wrote: post #84

Earlier quoted context omitted.

> But let's be clear, 30-40 years of interventions by governments did this, which is exactly what left leaning people want of government. You Unironically say this yet Trump (a very right candidate) is the one pumping money into the economy to save his election chances. The reality is each party wants to spend money where it feels it is important. Republicans/right wingers have given up fiscal responsibility a LOOOOO…

Let me be clearer then about my previous post, republicans are just as bad in practice. But the most vocal people who want government intervention are left leaning.

So why call out the side that's at least honest about its intentions? If you think government intervention is a bad thing, isn't the side that's upfront and honest about its desired amount of intervention still better?

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#252

Post by kayodelycaon »

JeremyBanks wrote: post #236
HorizonXP wrote: post #71

Earlier quoted context omitted.

I no longer feel like this about my parents now that I live independently and have my own child. They’re wonderful grandparents. But yeah, when I was living with them in my 20s for my Masters? I felt just like you did.

This is a bad comment and you should delete it.

I'm willing to give HorizonXP the benefit of the doubt. Devoid of context, my statement isn't all that different from what some young adults would say. Parents or/and their children can mature as they grow older and relationships can heal.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#253

Post by elektor »

dcolkitt wrote: post #246

> Housing is more expensive for them than prior generations I harp on this constantly. But housing is not more expensive in the majority of American metros. Adjusted for inflation the median cost per square foot of new housing is almost exactly the same as it was in 1990. (This doesn't even take into account that mortgage rates are drastically lower since then.) We get skewed on this for two reasons. One is because h…

That's a valid point but millions of people live and work in SF, NY, LA, and DC. Their needs for housing should be acknowledged as well.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#254

Post by Philip-J-Fry »

throwawaygh wrote: post #203
Philip-J-Fry wrote: post #94

I'm my early 20s and in the UK. I earn more than my Dad who is in his 50s. He managed to get a house, have money left over for an expensive hobby, decent car, the odd holiday etc. I'm a 90th percentile earner. Will 95+ percentile earner in a few years time. Yet it feels like I am not as well off as I should be. I don't live in an expensive area either. Yet I need to save so much money to even have the opportunity to…

Comparing a salary with a pension to a salary without a pension is insanity. Wages are not stagnant. They've declined precipitously. take-home pay is stagnant and pensions are dead.

I'm confused. We both have pensions.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#255

Post by JanisL »

HorizonXP wrote: post #71
kayodelycaon wrote: post #55

A lot of my friends (and myself) have abusive parents. I seriously consider suicide to be a better option than going home.

I no longer feel like this about my parents now that I live independently and have my own child. They’re wonderful grandparents. But yeah, when I was living with them in my 20s for my Masters? I felt just like you did.

I'm glad you have good experiences with your parents, but some people don't. I really clearly remember a guy I worked with at one point telling me about the murder trial his father was in, really brutal stuff. It's not like everyone is possible to live with, unfortunately some people are seriously fucked up in a way that doesn't improve with time.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#256

Post by LoSboccacc »

gambiting wrote: post #185
qwerty1234599 wrote: post #116

Earlier quoted context omitted.

High tax rates are what causes this. You are effectively giving away half your wage to sustain a completely unknown person leeching off the government.

What an absolute load of tripe. I'd gladly pay even higher taxes than I do to make sure everyone has access to healthcare and benefits when they need them. "unknown person leeching off the government" is the attitude that just needs to die, it annoys me so much that people still believe this crap, any one of us can be this "unknown person" at some point.

I'd pretty much prefer they'd go against evaders first. two reason: even if it's not as much as what you can tax out of the 99%, it does alleviate middle class pressure.

second reason, middle class can't get savings any more. savings are essential for a wealth of reason, including starting a family, a business, investing in property or other people ideas. these are all essential for growing a solid economy long run.

angel and VC money works as a surrogate but it goes only so far as it aligns with the 1% incentives; it burns as much as it elevates, maybe even more, and is more of a way to extract money from growing SMB instead of a way to build a wealthy middle class, as they only play for the exit.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#257

Post by war1025 »

elektor wrote: post #253
dcolkitt wrote: post #246

> Housing is more expensive for them than prior generations I harp on this constantly. But housing is not more expensive in the majority of American metros. Adjusted for inflation the median cost per square foot of new housing is almost exactly the same as it was in 1990. (This doesn't even take into account that mortgage rates are drastically lower since then.) We get skewed on this for two reasons. One is because h…

That's a valid point but millions of people live and work in SF, NY, LA, and DC. Their needs for housing should be acknowledged as well.

The point is that it's a regional, not generational, problem.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#258

Post by vsareto »

dcolkitt wrote: post #246

> Housing is more expensive for them than prior generations I harp on this constantly. But housing is not more expensive in the majority of American metros. Adjusted for inflation the median cost per square foot of new housing is almost exactly the same as it was in 1990. (This doesn't even take into account that mortgage rates are drastically lower since then.) We get skewed on this for two reasons. One is because h…

>One is because homes today are substantially larger

This is the problem, really. It's hard to find a simple single-floor home for individuals or no-kid couples.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#259

Post by pb7 »

blub wrote: post #152
srtjstjsj wrote: post #129

Earlier quoted context omitted.

7 billion people in the world. We can't all live in the few best cities. Why should it be so cheap to live there, if everywhere else is unacceptable to you?

Maybe they were born in Munich.

If that’s all it takes to lay claim to a city, then people will just move and have kids in desirable places. The problem of the math not working out still doesn’t go away.

Re: The majority of 18- to 29-year-olds in the US are now living with their parents

#260

Post by tpm »

war1025 wrote: post #257
elektor wrote: post #253

Earlier quoted context omitted.

That's a valid point but millions of people live and work in SF, NY, LA, and DC. Their needs for housing should be acknowledged as well.

The point is that it's a regional, not generational, problem.

It's a huge problem in large parts of Europe and Asia too.
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