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Link Posted: 9/21/2023 4:52:15 PM EDT
[#1]
I'll probably get made fun of, but I lived at home till in my late 20s.

My parents had a large 6 BR house, with a full basement and a 2.5 car garage, sitting on a large (for the area) lot. This was in what would become the HOOD while I was still in H.S.

My parents and I, We always got a long great. They were just good, cool folks that people liked to be around.
Sometimes I'm come home from work, my girl friend's or wherever and one or two of my buds would be chillin on the couch watching TV with my parents.  
My place was were everyone congregated, hung out and lived when they had family issues.  Several of my friends and 3 of my cousins lived with us at times.

When I got into my 20s, I kept asking, do you guys think its time for me to move out. They'd both say, heck no, we hardly see you as it is unless your friends come over and watch TV with us and you come home.
I came and went though the side door what went right up stairs to my room.
When I lived there, I started paying some rent, I did all my own Laundry, bought a lot of the groceries, Kinda felt obligated as my mom loved to cook for everyone and my friends at there as much as I did or more) I paid for Cable, Phone and internet, cut the grass, did all the outdoor chores and a few of the inside ones.  
Sometimes I'd come and go and not see them for a few days unless I popped into the Living room while they were watching TV.

On top of that, I managed to save up about 18K.  
My plan was to save up enough to pay cash for a house and a new Chevy S10.
Well, I finally got serious with who would become my future ex and I bought us a fixer Upper and we moved into it.
Between the down payment and what I put into the house that killed my savings.
My old F150 hand me down blew the transmission for the 3rd time, the power windows didn't work and it started knocking. Working almost an hour away I had to have reliable transpo, so I did get an S10 Blazer, but it wasn't new and wasn't paid off.

When I had a daughter I always told her after she graduated, she could live at home as long as she wanted as long as she went to school at least part time and worked part time, or did one of the two full time.  She'd have to pay her own car pmnt, insurance and all that.  Her Sophomore or junior year, her mom and I divorced. I helped her get a car. She went to school and worked a part time at a generic Dairy Queen place.

When she graduated, she started college right away and always worked 2 and sometimes 3 jobs.
When I moved from the city way south to the country, I old her She was welcome to move with me, get her own place or move in with her mom.  She didn't want to move out to the country, nothing there and too boring.  She absolutely would not move in with her mom. So she moved next door to my long time Best friend's rental and has worked 2-3 jobs since, maintaining her own place and buying 3 cars now.

Now my step daughter from my current marriage. She's graduated HS, thankfully, but can't keep a job.  She'll either live with us and not contribute till shes 45 or move in with her boyfriend and his parents and live they for a few decades..
Link Posted: 9/21/2023 4:55:53 PM EDT
[#2]
They like it if their parents don't charge rent.

Link Posted: 9/21/2023 4:59:27 PM EDT
[#3]
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Quoted:



We’ve imported about 6 million illegals just since Biden took office, they all have to live somewhere, huge increases in competition for housing / big drop in number of units available, thus higher prices.
View Quote



Preach it, brother!

Not only will us lawful US citizens be competing against them for housing, we will also be competing against them for food / groceries.

All those EBT cards they are getting….that artificially inflates grocery prices too.



Link Posted: 9/21/2023 5:10:38 PM EDT
[#4]
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Quoted:
So their boomer parents get to support them even longer? This is gonna really disrupt an entire category of memes.
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Dude, boomers are gen Z's grandparents. Z are mostly X's kids.

Probably a bigger factor in all of this than you think. I sure as hell wouldn't have moved out of MY household at 14.

Maybe, just maybe, not having miserable selfish SOBs for parents has something to do with all this.
Link Posted: 9/21/2023 5:11:15 PM EDT
[#5]
I'd become homeless first. I actually have done that.

Lived in a car with a bag of ramen noodles. Go to whataburger to get hot water and eat and sleep in my car. I had no choice and it didn't last long.

The motivation really kicks in when you park behind a dumpster to sleep. I took buses eventually, lived with no furniture and worked my way up.

Being a self-made man from below the ground floor teaches you a lot.

Fight your way through is the lesson I learned.
Link Posted: 9/21/2023 5:52:36 PM EDT
[#6]
My 21 yr old son lives with me. He is working on becoming an electrician. He does all his own laundry and helps me cook and clean. He is on his way to the grocery store as I type this. He also helps paying bills. I hope he doesn’t have any plans to move anytime soon.
Link Posted: 9/21/2023 6:31:32 PM EDT
[#7]
@TheWhitePill

i'ma show this to my mom when she gets home from work and brings home a couple pizzas and some dippin' sticks for me to consume in the basement.
Link Posted: 9/21/2023 6:40:59 PM EDT
[#8]
Link Posted: 9/21/2023 6:43:30 PM EDT
[#9]
All the freedoms of "adulting", none of the responsibilities.
Link Posted: 9/21/2023 6:49:01 PM EDT
[#10]
At age 21 I moved back home (3-4 months) after finishing 4 years in the Army.
Mom and Dad said “no problem,....as long as you pay rent”, which I happily did.
Link Posted: 9/21/2023 6:49:40 PM EDT
[#11]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
@TheWhitePill

i'ma show this to my mom when she gets home from work and brings home a couple pizzas and some dippin' sticks for me to consume in the basement.
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Link Posted: 9/21/2023 6:55:15 PM EDT
[#12]
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Quoted:
Quoted:
@TheWhitePill

i'ma show this to my mom when she gets home from work and brings home a couple pizzas and some dippin' sticks for me to consume in the basement.

https://i.imgur.com/q6BzwWJ.gif
Attachment Attached File

Link Posted: 9/21/2023 6:58:51 PM EDT
[#13]
Quoted:
The share of people in the US ages 18 to 29 who are living with family is at roughly the same level as in the 1940s.
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Are we supposed to be outraged or celebrating this purported return to traditional family values?
Link Posted: 9/21/2023 7:03:30 PM EDT
[#14]
I think multigenerational housing is a generally good thing for family values.

I stayed with my parents for a few years after college. I saved a shitload of money. I then bought a much nicer house than I could have otherwise, put a huge amount down, and it made the rest of my 20s financial smooth sailing.

The same house that was affordable to 25 year old me is now assessed at nearly 400k which is fucking absurd, and would never be close to affordable to someone in 25 year old me's shoes anymore.

I have two considerably younger siblings who are just getting out on their own the past couple of years and their rent and associated costs are fucking insane. As in, triple my mortgage for an apartment the size of my living room. The differences in cost of living and amount of discretionary income I had versus what they have is insane for such a small span of difference in our ages(6 and 8 years).
Link Posted: 9/21/2023 7:30:57 PM EDT
[#15]
Your life. If your parents don’t mind you being there go for it. But one thing I noticed, none were getting married either. Used to be you left mom and dad, got married and took on life with a partner.

The girl that saved a hundred grand. Did she pay student loans if she had any?  Did she think about getting married and spending that money on a house instead of the wedding? That’s some of my random thoughts.

At this point maybe these people need to own nothing and be happy.
Link Posted: 9/21/2023 7:32:15 PM EDT
[#16]
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Quoted:
Pretty normal for depression level economic times really. There was a time not so long ago when it was fairly normal for young adults to live in the family home until the day they got married and started their own families.
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And they were 16-18 years when they did.
Link Posted: 9/21/2023 8:04:05 PM EDT
[#17]
I don’t know any Xr’s that bought a home straight out of college.  Not sure where this myth came from.  I was in high tech where everyone had nice salaries.  All of us rented appts for 4-5 years before thinking about buying a home.  Those that did were typically DINKs.

Link Posted: 9/21/2023 8:05:11 PM EDT
[#18]
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Quoted:
There are two distinct groups of people doing this. Lazy ass porn and video game addicted losers, and the other group are financially wise and family oriented winners.

I moved out pretty young but I'd rather my kids hang out as long as they are bettering themselves.
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Link Posted: 9/21/2023 8:05:34 PM EDT
[#19]
I have no doubt that Mrs. Zhang from the article listed will be successful in life.  She has foresight, priorities and focus.

I also have no doubt that the other girl with already $ 10,000 in credit card debt due to her "stress", will not be a success.

I read these articles and wonder to myself.  The articles are written in a way to garner sympathy for idiots who continue to make foolish choices.  Who reads these articles and actually feels sorry for the subjects receiving the foreseeable consequences for their stupid choices.

Life is hard, it is harder if you are stupid - and boy are these people stupid.
Link Posted: 9/21/2023 8:21:34 PM EDT
[#20]
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Quoted:
I read these articles and wonder to myself.  The articles are written in a way to garner sympathy for idiots who continue to make foolish choices.  Who reads these articles and actually feels sorry for the subjects receiving the foreseeable consequences for their stupid choices.
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People who make bad life choices are comforted by hearing they're not alone, i.e. misery loves company.
Link Posted: 9/21/2023 8:32:22 PM EDT
[#21]
Lol I’m not charging my kids rent. Nor am I freaking out about lights being left on.
Link Posted: 9/21/2023 8:38:17 PM EDT
[#22]
Here's our plan.

We're paying college, until we can't. Meaning, we're saving max for our 401 and unless one of us loses our job, we'll continue paying college for the two children.  

If they want to stay home after college, fine, but they're contributing because we're not working forever, might need that money, AND they need to learn more about costs/budgets, etc.  We'll put in in an account  for each of them, start CDs, etc.

Most likely, the wife and I will be fine financially, ever touch the CDs, and when we kick, they get it back.   Win, win, win.
Link Posted: 9/21/2023 10:14:07 PM EDT
[#23]
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Quoted:

People who make bad life choices are comforted by hearing they're not alone, i.e. misery loves company.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
I read these articles and wonder to myself.  The articles are written in a way to garner sympathy for idiots who continue to make foolish choices.  Who reads these articles and actually feels sorry for the subjects receiving the foreseeable consequences for their stupid choices.

People who make bad life choices are comforted by hearing they're not alone, i.e. misery loves company.

Truff.

The men will continue to be losers, and the women will grow to be medicated spinsters.  Sad.
Link Posted: 9/21/2023 10:18:56 PM EDT
[#24]
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Quoted:
Go watch some re-runs of The Waltons, Big Valley, Bonanza, just about any family oriented show set before WW1.
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Link Posted: 9/21/2023 10:20:04 PM EDT
[#25]
Link Posted: 9/21/2023 10:23:24 PM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
There are two distinct groups of people doing this. Lazy ass porn and video game addicted losers, and the other group are financially wise and family oriented winners.

I moved out pretty young but I'd rather my kids hang out as long as they are bettering themselves.
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This.

Moved back in with my in laws at age 31 with a 2yr old daughter.

I was working out of state during the week and doing so enabled us to save about $60k to put towards a house.

We lived with them about a year and a half, then another half year while the house was being built and until I was able to fully work from home.

It was one of the best financial decisions we have ever made. We literally would not have the life we have now if it wasn't for their sacrafices. Course, they just loved having their first grandkid upstairs anytime they wanted to see her!


I will be finishing my upstairs in the near future so we will be prepared to help our kids make wise financial decisions as well. As long as they are bettering themselves they are welcome to stay as long as they want as long as they are respectful and help out.
Link Posted: 9/21/2023 10:24:34 PM EDT
[#27]
Most children do not leave because their parents don't want them to leave.
Link Posted: 9/21/2023 10:30:03 PM EDT
[#28]
Damn near impossible to save for a house in today's climate unless you stay at your parents.
Link Posted: 9/21/2023 10:37:01 PM EDT
[#29]
Two words can make this trend a-okay by me:

"Casita" & "Rent"

No freeloading, no loud friends over at 3am/loafing on my couch at noon/helping oneself to Mom & Dad's fridge.  :D

But I've got no problem with a family 'compound' where everyone pulls their weight and helps the fam. I'll help my kids get a leg up, no problem.

(I actually think new housing has and will more continue casita / mother-in-law dormers, etc. features. Totally makes sense whether airbnb or kids/elders visiting.)
Link Posted: 9/21/2023 10:38:50 PM EDT
[#30]
Boomers fsult.  Lol..
Link Posted: 9/21/2023 10:39:40 PM EDT
[#31]
My son cant come back.  His room is now my naked room.
Link Posted: 9/21/2023 10:47:21 PM EDT
[#32]
My oldest son graduated in May from a 2-year tech school with a cyber security degree.  He was able to get a job at the same company I work for in a different department.  Rarely see him during the day at work.  The office building is literally in my back yard (I built my house before the office building was built).  He lives at home, walks to work everyday and is working on a 4-year degree online.  

During college, he lived in an apartment with a couple roommates.  He doesn't want to do that again and we don't mind him living at home.  

He has no school debt.  Hs's been stashing cash and wants to get his own house at some point.  

We aren't charging rent.  That's more money he can save and use towards a house sooner.  

By the time he moves out, my youngest son will probably be finishing school and moving back home.
Link Posted: 9/21/2023 10:58:57 PM EDT
[#33]
My sister just moved in with her son.
%They help each other out.
Link Posted: 9/21/2023 11:00:31 PM EDT
[#34]
Both my daughters still live at home with my wife and I.

They’re 6 and 3.5 though.
Link Posted: 9/21/2023 11:14:03 PM EDT
[#35]
Why is she lying lazily on a bed, she should be at her second or third job.
Link Posted: 9/21/2023 11:15:20 PM EDT
[#36]
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Quoted:
Both my daughters still live at home with my wife and I.

They’re 6 and 3.5 though.
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Slackers!
Link Posted: 9/21/2023 11:20:59 PM EDT
[#37]
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Quoted:
Both my daughters still live at home with my wife and I.

They’re 6 and 3.5 though.
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Do they at least pay rent/utilities?
Link Posted: 9/21/2023 11:39:48 PM EDT
[#38]
When I met my wife she was 35 and still living at home.
It's not that big of a deal.
Link Posted: 9/21/2023 11:43:24 PM EDT
[#39]
Unless you are making way above average wages it's the only way to buy a house right now.  You'll never save a dime with current rent and cost of living.

If my kids want to stay I'm going to build them some tiny houses in the back yard so I can have my man cave/music studio room back.  They don't need to leave home they just need to get out of my rooms. Lol.

They'll have to buy their own food and pay utility bills as adults as well.  I'm not paying for their shit once they start working but they can live rent free if they are saving.   If they aren't saving I'll charge them rent and save it for them.
Link Posted: 9/21/2023 11:44:34 PM EDT
[#40]
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Quoted:
Unless you are making way above average wages it's the only way to buy a house right now.  You'll never save a dime with current rent and cost of living.

If my kids want to stay I'm going to build them some tiny houses in the back yard so I can have my man cave/music studio room back.  They don't need to leave home they just need to get out of my rooms. Lol
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Nonsense, all you need is to pull up your bootstraps with a firm handshake!
Link Posted: 9/21/2023 11:46:11 PM EDT
[#41]
30 years ago I would have said they were total losers.

But, 55 years ago young adults were paying - in today’s dollars,
1/4 the amount to go to the same college and rent the same apartment I had.

Which, 30 years ago, was 1/2 in todays dollars what they each cost now.

Link Posted: 9/21/2023 11:54:15 PM EDT
[#42]
I'm the early 70's my grandparents has 8 kids and their husband and or wife with all 24 grandkids. It was a glorious old time in a Michigan farm house. There were Harley's,Norton, And Triumphs lined up around the house about a foot from Granny's flower. I miss those days. You had family.
Link Posted: 9/21/2023 11:55:39 PM EDT
[#43]
had my MIL and her cat with us for over 2 months last summer before we could get her into assisted living place,
this summer our youngest son finished his 20 years in the navy and stayed with us along with his dog till he got a job, car and apartment after less than 3 months.

I'd gladly take any of my kids back if they needed to, but my MIL, no way in the world is that woman ever coming back, she is as mean as a snake and with the alzheimer's its even worse.
Link Posted: 9/21/2023 11:56:51 PM EDT
[#44]
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Quoted:
Would they like it half as much if they were charged modest rent, utilities and expenses?

I fully understand the willingness to host your kids and the willingness to live at home because it's cheaper.

As Dad, I'm not going to be constantly turning lights and closing doors because the kids won't, or allow Mom to be a servant because the 24 year old still wants to be treated like they're 8.
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This.
Link Posted: 9/22/2023 EDT
[#45]
I live in an older area full of people at or near retirement age.

I see tons of kids getting off the school bus and running up to single young people seemingly living at home with their parents.

Failure to launch, especially with unsupported bastards, seems to be the norm these days.
Link Posted: 9/22/2023 12:49:57 AM EDT
[#46]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I live in an older area full of people at or near retirement age.

I see tons of kids getting off the school bus and running up to single young people seemingly living at home with their parents.

Failure to launch, especially with unsupported bastards, seems to be the norm these days.
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You know that's normal in the rest of the world right? Only americans find it horrifying to see grandparents still taking care of their grandkids.
Link Posted: 9/22/2023 12:55:26 AM EDT
[#47]
I’d be thrilled having the kids stay here until they marry, save enough for a house, whatever. We enjoy time with each other.
Link Posted: 9/22/2023 1:20:10 AM EDT
[#48]
My son lives with us, early 20s, but he got hurt bad on his job an is going thru PT an most likely another surgery. We've got a 6 bed, 3.5bath, 3400sq ft on 10acres..I'd be delighted if our middle child/daughter, her husband an 2 grandkids asked to move in. I miss them alot, house gets to quiet.
Link Posted: 9/22/2023 1:31:38 AM EDT
[#49]
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Quoted:


You know that's normal in the rest of the world right? Only americans find it horrifying to see grandparents still taking care of their grandkids.
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Quoted:
Quoted:
I live in an older area full of people at or near retirement age.

I see tons of kids getting off the school bus and running up to single young people seemingly living at home with their parents.

Failure to launch, especially with unsupported bastards, seems to be the norm these days.


You know that's normal in the rest of the world right? Only americans find it horrifying to see grandparents still taking care of their grandkids.
I'm not talking about grandparents taking care of their grandkids. My own kid stays with her grandparents regularly.

I'm seeing young single people living there permanently, apparently raising children out of wedlock as I don't ever see the other parent around.

It is just funny to me because this is the type of area where kids go to private school and want for little, and yet still can't seem to pull it together.
Link Posted: 9/22/2023 7:36:52 AM EDT
[#50]
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Quoted:
Rents aren't much better. I agree they need to work hard, but at the same time,  when you look at the numbers, the fact of the matter is that gen Z is going to have the most challenging time reaching the middle class out of any post war generation, assuming they weren't already born into favorable conditions. Inflation's outpaced wage growth, and housing and college costs have astronomically outpaced inflation.
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Quoted:
It's a bit of a canard to talk about a 20 year-old buying a starter home.  As an X'er it was very uncommon to be in that boat.

The vast majority rented first.  Typical path was to share an apartment and work hard for a couple years to establish the career a little.  Get married at 26 and live the apartment dwelling DINK life for a couple years.  By the time the first kid comes along at 28 they are typically able to afford a down payment on a starter home in an affordable area.
Rents aren't much better. I agree they need to work hard, but at the same time,  when you look at the numbers, the fact of the matter is that gen Z is going to have the most challenging time reaching the middle class out of any post war generation, assuming they weren't already born into favorable conditions. Inflation's outpaced wage growth, and housing and college costs have astronomically outpaced inflation.


You present reasonable observations completely backed by objective data.
Yet plenty will state how easy it is now compared to when they were young adults.
If they can accept the objective data, they will assert, well people used to start e and have plagues so they still have it easy.
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