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50% of young adults in the US are living at home with their parents
12-14-2022, 03:35 PM
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#1
50% of young adults in the US are living at home with their parents
https://www.yahoo.com/finance/news/n...073044507.html
A record number of young adults in the US are currently living at home, and all that saved rent is sparking a luxury boom.
Recent data from the US Census Bureau shows that nearly half of young Americans between the ages of 18 and 29 are living with their parents today. That's a historical high not seen since the Great Depression era, Morgan Stanley analysts wrote in a Friday note.
Are you part of the top 50%?Recent data from the US Census Bureau shows that nearly half of young Americans between the ages of 18 and 29 are living with their parents today. That's a historical high not seen since the Great Depression era, Morgan Stanley analysts wrote in a Friday note.
12-14-2022, 03:36 PM
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#2
12-14-2022, 03:38 PM
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#3
- robreynolds1234
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I live with my parents at the age of 34 and that will stay forever.
This is because I am a chronic unemployment victim.
This is because I am a chronic unemployment victim.
12-14-2022, 03:39 PM
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#4
12-14-2022, 03:40 PM
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#5
12-14-2022, 03:41 PM
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#6
- sloppyjoe1
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- sloppyjoe1
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I will be for a few months. Moving out of my cousins and staying at my moms for a few months while I look for a house and hope that prices drop a little.
*Kneedraggers crew*
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12-14-2022, 03:41 PM
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#7
- stevemckenna
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- stevemckenna
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Yes, but me mum lives in my house.
12-14-2022, 03:42 PM
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#8
- Destor
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- Destor
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We talk a lot about the landlord vs renter dynamic and putting money into a mortgage versus renting and investing, but what about kids living with parents and buying luxury bs
12-14-2022, 03:44 PM
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#9
Originally Posted By Destor⏩
I mean that's dumb they're buying luxury goods but I still think they probably can't afford much of a living outside of the home in a lot of casesWe talk a lot about the landlord vs renter dynamic and putting money into a mortgage versus renting and investing, but what about kids living with parents and buying luxury bs
Even if you're buying luxury goods once every couple months, it still doesn't show you can afford your own rent + other monthly bills
Originally Posted By sloppyjoe1⏩
That's not badI will be for a few months. Moving out of my cousins and staying at my moms for a few months while I look for a house and hope that prices drop a little.
12-14-2022, 03:45 PM
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#10
- robreynolds1234
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Originally Posted By NoBrokies⏩
No one's and I don't blame anyone or anything, anymore.Whose fault is it
Few years ago I took life on easy mode (too much was never going to be good) and now it's become a habit. Although I tried finding a job on many ocassions, but nothing good happened and then I gave up. With all that this and there, alcohol and cigarettes came into play and made my life on an even easier mode.
But there are few times when that feeling of pain strikes me really hard, like deep down inside my heart...'why like this?'
However most of the times I am fine with the way things are, because I know how to have fun and enjoy my life.
12-14-2022, 03:49 PM
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#11
- amusclehead
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- amusclehead
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or do 50% of young adults have strong family values and are helping to take care of their aging parents?
glass half full/empty.
glass half full/empty.
Booo
12-14-2022, 03:55 PM
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#12
Originally Posted By robreynolds1234⏩
Word.No one's and I don't blame anyone or anything, anymore.
Few years ago I took life on easy mode (too much was never going to be good) and now it's become a habit. Although I tried finding a job on many ocassions, but nothing good happened and then I gave up. With all that this and there, alcohol and cigarettes came into play and made my life on an even easier mode.
But there are few times when that feeling of pain strikes me really hard, like deep down inside my heart...'why like this?'
However most of the times I am fine with the way things are, because I know how to have fun and enjoy my life.
Few years ago I took life on easy mode (too much was never going to be good) and now it's become a habit. Although I tried finding a job on many ocassions, but nothing good happened and then I gave up. With all that this and there, alcohol and cigarettes came into play and made my life on an even easier mode.
But there are few times when that feeling of pain strikes me really hard, like deep down inside my heart...'why like this?'
However most of the times I am fine with the way things are, because I know how to have fun and enjoy my life.
Originally Posted By amusclehead⏩
Idk brah. That might be some of the cases but not allor do 50% of young adults have strong family values and are helping to take care of their aging parents?
glass half full/empty.
glass half full/empty.
12-14-2022, 03:56 PM
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#13
- Exiled93
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- Exiled93
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Been living on my own since 25 but about to move back in for like 6 months (moving back to my home state).
Not looking forward to it - but it needs to be done and I'm wanting to buy a house soon within a year or two.
Not looking forward to it - but it needs to be done and I'm wanting to buy a house soon within a year or two.
12-14-2022, 04:01 PM
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#14
- AlfBundy
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- AlfBundy
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Lower income people live better than me. Srs. There's a bunch of new apartments down the road, very nice, and the rent is based on your income. I make too much to qualify, but similar apartments in the area cost $1,300 for a one bed room...meanwhile these brokecels are paying like, 500
12-14-2022, 04:03 PM
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#15
Originally Posted By Exiled93⏩
I moved back recently. No plans of homeownership in sight but will be moved out soon again if I can find a job I'm happy withBeen living on my own since 25 but about to move back in for like 6 months (moving back to my home state).
Not looking forward to it - but it needs to be done and I'm wanting to buy a house soon within a year or two.
Not looking forward to it - but it needs to be done and I'm wanting to buy a house soon within a year or two.
12-14-2022, 04:06 PM
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#16
- Arem24
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- Arem24
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Originally Posted By robreynolds1234⏩
34 brah here as well living at his moms. BRB maxing out my 401k which is $30k per year with the company match. BRB BMW X5, BRB banging sloots in the back of it on the reg. BRB free food, no utilities. BRB contributing another $20k to another investing account.I live with my parents at the age of 34 and that will stay forever.
This is because I am a chronic unemployment victim.
This is because I am a chronic unemployment victim.
BRB recovering alcoholic.
BRB turned my house into a rental unit lmao.
12-14-2022, 04:08 PM
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#17
- guest89
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- guest89
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Originally Posted By amusclehead⏩
lol its doubtful that's the case.or do 50% of young adults have strong family values and are helping to take care of their aging parents?
glass half full/empty.
glass half full/empty.
I feel kinda bad for dudes that will never know the feel of walking around his house completely naked. Flexing in mirrors. Etc. To have girls over and just walk around naked or just panties. To smash your woman in any room of the house, whenever you feel like it. Etc.
The level of freedom you have in your own place is unreal. Even when you have room mates you're limited.
12-14-2022, 04:09 PM
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#18
- 8pieces
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- 8pieces
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If you're a single male with no kids and don't get laid why wouldn't you? your parents are probably the only people that care about you. this is really only ridiculed in western countries mainly the us. in every other country children live with their parents until old age and they die.
12-14-2022, 04:14 PM
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#19
Originally Posted By 8pieces⏩
I'm starting to believe in this attitude more srsIf you're a single male with no kids and don't get laid why wouldn't you? your parents are probably the only people that care about you. this is really only ridiculed in western countries mainly the us. in every other country children live with their parents until old age and they die.
Chit's not like it was back in the boomer days. It was way easier to get a house back then. Everything was way cheaper even after you adjust for inflation
12-14-2022, 04:28 PM
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#20
- BigBallsMcgee
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- BigBallsMcgee
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Originally Posted By 8pieces⏩
thisIf you're a single male with no kids and don't get laid why wouldn't you? your parents are probably the only people that care about you. this is really only ridiculed in western countries mainly the us. in every other country children live with their parents until old age and they die.
12-14-2022, 04:37 PM
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#21
- guest89
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- guest89
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Originally Posted By 8pieces⏩
At that point its just a self fulfilling prophecy man. Even if you have your **** together in other regards once you are 25+ living with parents its a massive turnoff for women.If you're a single male with no kids and don't get laid why wouldn't you? your parents are probably the only people that care about you. this is really only ridiculed in western countries mainly the us. in every other country children live with their parents until old age and they die.
In America you're pretty much removing a large portion of women from your dating pool. And in turn solidify the fact that its just going to be you and your parents.
As a guy who bought a house at a fairly young age (Most of my friends bought a house by 26-27 also). Its a massive qualifier for women. If you live alone and/or own your own home it makes dating/hooking up with women 10x easier. Especially if you have a hot tub in your back yard because you can essentially invite women over for drinks in the hot tub and its pretty much like shooting fish in a barrel.
Unless your parents are just extremely wealthy as **** and you live in a mansion and drive super cars living with parents is a death sentence for dating/sexual adventures.
12-14-2022, 04:57 PM
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#22
- havoc00
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- havoc00
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Originally Posted By 8pieces⏩
This 100%If you're a single male with no kids and don't get laid why wouldn't you? your parents are probably the only people that care about you. this is really only ridiculed in western countries mainly the us. in every other country children live with their parents until old age and they die.
12-14-2022, 04:59 PM
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#23
- johnnydeep1
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- johnnydeep1
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Originally Posted By NoBrokies⏩
I am one of themAGE-28
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Bench-100 dumbbell press-5 reps
*Mechanical Engineer*
12-14-2022, 05:00 PM
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#24
12-14-2022, 05:15 PM
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#25
- smashedurgfx10
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i moved back in during covid as i was made redundant and i was living overseas
had nowhere else to go. could have rented somewhere but wanted to save cash and they didn't mind
we were at each others throats 24/7 - worst experience of my life
had nowhere else to go. could have rented somewhere but wanted to save cash and they didn't mind
we were at each others throats 24/7 - worst experience of my life
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12-14-2022, 05:17 PM
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#26
- ToxMasculinity
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Originally Posted By AlfBundy⏩
They also probably live with a bunch of felons and drug dealers. I wouldn't want to live anywhere near that type of housing, it might be nice, but all it brings is crime to the neighborhood. They destroy property values and neighborhoods. (Ded fkn Srs)Lower income people live better than me. Srs. There's a bunch of new apartments down the road, very nice, and the rent is based on your income. I make too much to qualify, but similar apartments in the area cost $1,300 for a one bed room...meanwhile these brokecels are paying like, 500
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12-14-2022, 05:22 PM
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#27
- AlfBundy
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Originally Posted By ToxMasculinity⏩
Nah, some are OK. I used to deliver pizzas to different housing projects. Some do background checks or credit checks. Even credit checks do pretty good at weeding out the scumThey also probably live with a bunch of felons and drug dealers. I wouldn't want to live anywhere near that type of housing, it might be nice, but all it brings is crime to the neighborhood. They destroy property values and neighborhoods. (Ded fkn Srs)
12-14-2022, 05:26 PM
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#28
- bsrkoacar2
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- bsrkoacar2
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I had bought 2 houses and was living comfortably by age 29. I'm 32 now. Glad I'm not a weak and retarded millennial. Not surprised though. The system wants you to be dependent on government and college loans. Plus the woke victim mentality so many millennials have and are pushing. They don't have a chance...
12-14-2022, 05:36 PM
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#29
As someone who was a rentcel for 5 years, it's actually better to stay with your parents a little longer so you can save up and buy a house/condo. You don't want to get stuck in the rentcel trap just to impress a few 20 year olds. Throwing money away on rent is probably the biggest financial mistake I've ever made and it probably set me back a few years financially
12-14-2022, 05:44 PM
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#30
- LightsXout28c
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- LightsXout28c
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Originally Posted By guest89⏩
Sounds like you care about women's opinion too muchAt that point its just a self fulfilling prophecy man. Even if you have your **** together in other regards once you are 25+ living with parents its a massive turnoff for women.
In America you're pretty much removing a large portion of women from your dating pool. And in turn solidify the fact that its just going to be you and your parents.
As a guy who bought a house at a fairly young age (Most of my friends bought a house by 26-27 also). Its a massive qualifier for women. If you live alone and/or own your own home it makes dating/hooking up with women 10x easier. Especially if you have a hot tub in your back yard because you can essentially invite women over for drinks in the hot tub and its pretty much like shooting fish in a barrel.
Unless your parents are just extremely wealthy as **** and you live in a mansion and drive super cars living with parents is a death sentence for dating/sexual adventures.
In America you're pretty much removing a large portion of women from your dating pool. And in turn solidify the fact that its just going to be you and your parents.
As a guy who bought a house at a fairly young age (Most of my friends bought a house by 26-27 also). Its a massive qualifier for women. If you live alone and/or own your own home it makes dating/hooking up with women 10x easier. Especially if you have a hot tub in your back yard because you can essentially invite women over for drinks in the hot tub and its pretty much like shooting fish in a barrel.
Unless your parents are just extremely wealthy as **** and you live in a mansion and drive super cars living with parents is a death sentence for dating/sexual adventures.
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