lol yes wanting freedom and to be away from your parents at 18. A psyop. Jesus Christ.
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I wish this was our problem. Of course, there should be no shame in living with your parents. But it should be out of free will, and here in the Netherlands sadly that isn't the case for many. Our housing market simply doesn't offer affordable housing options. For many young people the only option is a rental apartment that will cost you so much, that if you can afford it at all, you can forget about ever saving any money. Which means that you'll effectively be stuck in this situation forever. Which is an option to consider, but meanwhile those who can afford to buy a house, because of rich parents or whatnot, they have a far better deal, often even paying less on a monthly basis, while at the same time their house increases in value. It's a major dividing factor in our society, separating the rich from the poor. Of course staying home is another realistic option to consider, and more and more people make this choice, but only for lack of a better option. The real tragedy is of course when staying at home is also not a realistic option. A fucked-up housing market makes the vulnerable all the more vulnerable.
this is basically what it’s like in america… including the infuriating fact that people’s mortgage payment on a home is usually less than rent… but the man won’t give you a home loan so you’re endlessly a wage slave and paying rent.
landlords even brag about how smart they are by paying their mortgage directly with the rent… like they have a free house hack… forgetting that someone is forced to pay to live….
the only good way to beat it i know is to buy a foreclosure home for cheap and fix it up… but even then you need a good chunk saved up and it’s risky
Shame my house would be pretty crowded in that situation. Although those pod bunk beds look fucking sweet and could work.
It's certainly cheaper to get the pod bunkbed that will make any child scream with excitement than it is to buy a larger house which will leave them bored while all their stuff is moved and likely move them away from their friends.
Abolish rent, abolish ext family living.
Unfortunately I can't live with my parents. I probably won't have kids, but if I do, I doubt they could afford to live anywhere else. Not unless I leave the US. It's rough here.
Conservative family values...
Me, my pregnant wife, my retired dad and my working brother all live in one house. Belgium
Can we afford to live in 3 houses? Yes.
Is it necessary? No.
The house is paid off. One house is being heated, ...
Me and my wife save up about 2500 euros per month. My brother saves up even more because he's spending literally nothing. He saves up his entire paycheck.
Building generational wealth is pretty fun. My parents worked for us. Me and my wife work for our kid. I got basically a house as inheritance in a great economy. Our kid will have a house + investment portfolio (Stoxx 600, gold/silver, ...)
Our biggest "waste" of money is traveling. I don't even have a car, just using my taxes to have a long tail e bike that does the same shit.
We have 2 cars on the property, they barely are used. Literally one is being used to drive to train station. The other one for the grocery store within 2 km. It's good that one of those two is a company car, otherwise gigantic waste of money.
Our household (my wife works 14 hours per week ATM). Earns a net income of: 9300 euros.
Include capital gains of like 4%. It becomes a total of 13300 euros net "income" per month. An e bike valued 9,5k euros. An electric car.
All because we are mentally stable enough to live under one roof.
Asian families: what do you mean "leave"?
Seriously, it's not a bad thing to stay until you can afford to leave.
I'm in the party that thinks if you have a full-time job you should be able to afford a home
Both can be true, we can put pressure on all fronts
Also homes could be way cheaper if zoning were fixed, density were legalized, and property taxes were retooled into a land tax
I dunno about America, but Australia has the problems you listed, but we also have problems with tax incentives to investing in housing rather than investing elsewhere, which also helps push up property prices by increasing demand without affecting supply.
Indirectly, maybe.
I also think it’s mostly just shitty parents, possibly who also had shitty parents, that forced the “hard knock life” on kids to make them “tough” and self reliant. Assuming they weren’t just regular old being abusive in some form. Being poor can also drive people out, if someone isn’t earning money in an already economically tight situation it can create a lot of friction.
Americans have a kinda messed up family life. This “self reliance” that separates the family unit and attempts to make it a standalone entity against everyone else really doesn’t reflect the way a lot of the rest of the world operates with closer family and community ties. Even not too long ago America was a lot different in that fashion. Probably WW2 and the growth that followed were the main shift.
Depends on your family.