Earlier quoted context omitted.
its a great thing if all parties want it for the right reasons - if it is done solely out of economic necessity, not-so-much.
Economics is certainly one of the right reasons
Nearly half of Americans age 18 to 29 are living with their parents
41–50 of 152 posts
Re: Nearly half of Americans age 18 to 29 are living with their parents
#42Then you will see 1001 theories about why the population is declining. People in their 30's can't afford a house, let alone raising a family. A whole population inside a certain age group seems completely unable to grasp this basic reasoning.
Re: Nearly half of Americans age 18 to 29 are living with their parents
#43Might be an unpopular opinion, especially in North America, but I think families living together is a great thing. I have a wife and child, and we all live with my parents in a largish 6-bedroom house. They are retired and I support them financially. While they bought this house before I entered the workforce, I now pay the mortgage on this house. A few years ago we did a total rebuild of the house, and it's now a gr…
Re: Nearly half of Americans age 18 to 29 are living with their parents
#44I'm in my mid 30s and have always had a decent job with relatively decent income, but the cost of living has always made it impossible to save enough fast enough to get a down payment on a home. Now I finally have one, but with interest rates it seems like a poor financial decision to buy a home when I can rent the same quality of home for half the price. I feel for kids starting out today, I can't see how they will…
Re: Nearly half of Americans age 18 to 29 are living with their parents
#45Earlier quoted context omitted.
> the largest age demographic, the boomers Millenials are a larger generation than Boomers.
But in terms of wealth and power, the boomers dominate.
Once the boomers are all gone, will we just start blaming the next oldest generation for all of societies problems?
Re: Nearly half of Americans age 18 to 29 are living with their parents
#46We have friends in their late 30's and early 40's who still live with multiple roommates. They're "well educated" but can't seem to hold a job, or stay in a relationship, or pay for anything. They've got subscriptions ticking away that they didn't remember they had, and then they're shocked to learn about an overdraft fee or a big credit card bill.
One of them recently got a high paying job at a medical office and then abruptly quit because "there weren't any photos of black people on the office walls." They like to remind everyone of how broke they are, but they have new cars or new car leases, a new iPhone every other year, and seem to have plenty of money for weed. Lots and lots of weed.
When they do get a job, they're always the victim, nothing is ever their fault. Or they'll complain about how much work they have to do, or how fast they're expected to move. But they do nothing quickly, it's like their neurons don't fire. They'll spend 30 minutes in a dazed state trying to figure out how to arrange groceries in a single bag.
And they're always late, to everything. They're late to dinner, to gym class, to the movies, to important events. It doesn't seem to bother them at all. Being late is part of their "woe is me" disposition.
They're all good people, but their brains are a gelatinous mess and they exist in a perpetual state of helpless confusion. Lights are on, no one's home. They got a master's degree but didn't learn anything about how interest works?
We've tried to help in any way we can. We've helped them with job applications and basic communication skills, taught one of them about credit card statements and due dates, and helped another pay down and close out 15 rewards cards.
Yeah yeah, there's lots of nuance that I've left out, lots of reasons for the current condition of a large demographic, lots of reasons for families to live and stay together. I'm just saying, I am constantly surprised (especially when hiring) at how careless and sluggish some people are about...everything.
Re: Nearly half of Americans age 18 to 29 are living with their parents
#47Might be an unpopular opinion, especially in North America, but I think families living together is a great thing. I have a wife and child, and we all live with my parents in a largish 6-bedroom house. They are retired and I support them financially. While they bought this house before I entered the workforce, I now pay the mortgage on this house. A few years ago we did a total rebuild of the house, and it's now a gr…
Re: Nearly half of Americans age 18 to 29 are living with their parents
#48These young people aren’t blazing the trail for bringing back multi-family living arrangements for cultural cohesion.
This along with the decreasing desire for children and family is the result of a loss of hope.
Hope isn’t in GDP and employment statistics unfortunately
Edit: https://www2.census.gov/programs-surveys/demo/tables/familie...
The major change is that women aren’t leaving the house by the tune of ~10+ since 2008. Percentages for men are unchanged historically.
Re: Nearly half of Americans age 18 to 29 are living with their parents
#49Might be an unpopular opinion, especially in North America, but I think families living together is a great thing. I have a wife and child, and we all live with my parents in a largish 6-bedroom house. They are retired and I support them financially. While they bought this house before I entered the workforce, I now pay the mortgage on this house. A few years ago we did a total rebuild of the house, and it's now a gr…
My own in-laws stayed with us a few times for a couple months at a time. I must admit the level of shenanigans my wife and I normally get up to was much lower during that time, even though I thought it was nice having them around for a while. Relationship dynamics are probably a major factor here, as well as personality types.
Re: Nearly half of Americans age 18 to 29 are living with their parents
#50Earlier quoted context omitted.
You never actually own a home anyway. The property taxes rise relentlessly every year (the rent you pay the government). Then there's all the code and zoning laws to greatly restrict what you can do with it.
Ownership is a legal fiction. You "own" something as long as you can stop other people from using it. Property taxes are just what you pay the government to enforce your claim.
Around here the endless new levies have nothing to do with enforcing the claim. They're all for various social programs. I think the latest one was to fund free dance classes and other art projects.