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» 75% of parents of adult children are helping them pay bills.
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post 1548075861 04-02-2018, 04:09 PM
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#211
  1. KyleAaron
  2. husband, father, trainer
  1. KyleAaron
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There was a time when a young single employed guy just moved out of home and rented a place, and saved as best he could. "Saving all his overtime for the one love of his life," as Barnesy said of the working class man. So he didn't look at buying a house until he got married, when he'd buy it with his wife. People lived at home until they were married - at 21. Now they're still living at home until they're married, but not getting married until they're 31. And living at home they're not paying rent ("too poor!"), but still going out lots. "But my 20s are for having fun!"

In Australia there's constant whinging about house prices, what's said is that almost nobody can afford it. But in 1985, around 70% of homes were occupied by people who owned them or had a mortgage on them, and in 2016, around 70%... so people are affording it, somehow. But also in 1985, 25% of women who were married with dependent children did paid work outside the home, in 2016 it was 65% - so the household as a whole had more income, and could afford to bid higher on houses. In 1985 the average new home in Australia was 171 square metres, in 2016 it was 231, so 35% bigger. And with the bigger homes came fancier furnishings, fridges with icemakers and internet, dishwashers and heated towel rails and all that.

The world isn't that different, but the lifestyles we choose are. We want more, and bigger, and better, and we want itnow.

Expectations.
post 1548076131 04-02-2018, 04:13 PM
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#212
  1. Zerafian
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parents are equally at fault
Carb Mal-absorption, no breads, sugary snacks, rice, pasta...live off of 30-40g a day.
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post 1548076371 04-02-2018, 04:17 PM
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#213
  1. bigcahunaburger
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Originally Posted By JoshSP1985
I'm keen to hear people's insightful opinions on why this trend is pervasive and what can be done about it.

https://www.dailywire.com/news/28722...-emily-zanotti
https://www.usatoday.com/story/money...lly/108507432/

Another article talking specifically about children no longer in school at 59%
https://www.forbes.com/forbes/welcom...ww.google.com/
im 28 and my parents still pay my 40 dollar cell phone bill..... i def cant afford it working in banking,,,,, brb need to get cuck card laminated ,........

why do we lets *******s with under 100k salaries make threads again ?
post 1548078431 04-02-2018, 04:41 PM
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#214
  1. EvanAlmighty
  2. [300 Spartan Perioeci]
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Feelsbadman

not a statistic i want to be apart of
Let's get this bread
post 1548078861 04-02-2018, 04:48 PM
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#215
  1. Foze
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Originally Posted By JoshSP1985
What does doing well mean? I don't understand how doing well and heavily supported can exist at the same time.

Or are you saying they're doing well because of the support (like nice housing/vehicle etc?)
nah what i meant was..90% of the people my age, doing well artistically, are supported by their parents heavily. As in they're up and coming musicians,artists,designers or filmmakers etc.
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post 1548079381 04-02-2018, 04:55 PM
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#216
  1. theeminemshow1
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Other way around with me, my folks are sucking my bank dry.
Lurked for years crew

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post 1548083121 04-02-2018, 05:45 PM
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#217
  1. soaponarope1
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Originally Posted By bartosh
I don't think anything under 100k is poverty. I think if you make under 100k combined income or individually, it's in a person's best interest to continue living at home and save up until they can do....more [living in a place like san diego/la/etc. i'd say even like 150k should still live at home in even more expensive areas like san francisco. maybe 50k in cheaper cost of living places but the exact number doesn't matter)

This is coming from somebody who lives in san diego where an average house costs 600k and will likely need to spend 800k to get anything that isn't in a crime ridden community. It's not in that person's best interest to move out, pay rent while saving up for that 20% downpayment for the next 20 years.

edit: that person who lives at home making 70k (under the 100k mark) will be significantly better off if they live at home for another 2-5 years once they land that job. just through not paying rent, they'd save ~1500/month in my area. so in 2 years that's 24k anywhere from 90k saved up. That could be their entire college debt paid off. that could be the down payment on their house, etc etc.
Lol at this whole post. 100k combined is well above the average US household income, . You suggesting everyone outside of the top 25% of households live at home? The median income for a household of 4 in San Diego is 64k.

You're delusional. If the US was anything like you seem to think it should be you'd have 25 members of every family in the US living in their great grandparents house
post 1548086021 04-02-2018, 06:24 PM
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#218
  1. bigcahunaburger
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Originally Posted By soaponarope1
Lol at this whole post. 100k combined is well above the average US household income, . You suggesting everyone outside of the top 25% of households live at home? The median income for a household of 4 in San Diego is 64k.

You're delusional. If the US was anything like you seem to think it should be you'd have 25 members of every family in the US living in their great grandparents house
i make a bit more over 100k and still live at home, which is probably why my net worth is several times the size of yours(that is if you have any net worth at all).... enjoy paying of your mortgage until youre 60 like a peasant
post 1548086211 04-02-2018, 06:27 PM
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#219
  1. Gt3x24x7
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Originally Posted By Voidgaze
Because some of those parents failed to instill the basics of being responsible into their children. Then there are parents that do everything they can for their child and the child still screws up in adulthood.
I didn't have the luxury of having a stable household or biological parents who had their **** together. Still angry to this day as an adult. Divorced and both went their separate ways. Abandoned the kids (my older brother and I) when I was younger. One would understand anger and seeking vengeance.
post 1548087801 04-02-2018, 06:48 PM
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#220
  1. Tickyouup
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In my country the people with backgrounds that have very strong family values (Greeks, Italians, Macedonians, Croatians etc.) will all live with their parents and have their tuition paid for and everything paid for until they're set up with a full time job and have a family on the way and then they do it for their kids and so on. However its always the white people (i am white) who complain about the the break down of family values and then you expect every parent to boot their kids out at age 18 while these cultures that support their children until they're ready to live a successful life seem to be doing it right
post 1548089231 04-02-2018, 07:02 PM
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#221
  1. Antonio519
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It's because of the lazy hipster ****s and sloots that majored in art or some bull**** and could only get jobs as baristas yet they want to live in nice parts of cities

I'm proud to be a part of the 25% right now even though my mom alone makes more than my sis and I combined (she's in the 200k+ range)

She offers to help but I do pretty well.
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post 1548089621 04-02-2018, 07:06 PM
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#222
  1. bigcahunaburger
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Originally Posted By Antonio519
It's because of the lazy hipster ****s and sloots that majored in art or some bull**** and could only get jobs as baristas yet they want to live in nice parts of cities

I'm proud to be a part of the 25% right now even though my mom alone makes more than my sis and I combined (she's in the 200k+ range)

She offers to help but I do pretty well.
repped for acknowledging liberal arts majors are a bunch of ***s
post 1548089791 04-02-2018, 07:08 PM
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#223
  1. WagerKing
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the taxes on my dads house is 24k
the taxes on my moms house (parents divorced) is 27k

thats a total of 51k yearly on taxes alone

just a perception of how ridiculous it is now out here
Knicks are goat
post 1548090431 04-02-2018, 07:15 PM
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#224
  1. shoelaces
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Originally Posted By Tickyouup
In my country the people with backgrounds that have very strong family values (Greeks, Italians, Macedonians, Croatians etc.) will all live with their parents and have their tuition paid for and everything paid for until they're set up with a full time job and have a family on the way and then they do it for their kids and so on. However its always the white people (i am white) who complain about the the break down of family values and then you expect every parent to boot their kids out at age 18 while these cultures that support their children until they're ready to live a successful life seem to be doing it right
It's not just eastern europeans, south americans and asians also have strong family values. It is just the west that has a family abandonment culture. Parents kick their kids out when they are still teens and kids will abandon their parents in nursing homes later in life.
post 1548090811 04-02-2018, 07:19 PM
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#225
  1. Exiled93
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Originally Posted By WagerKing
the taxes on my dads house is 24k
the taxes on my moms house (parents divorced) is 27k

thats a total of 51k yearly on taxes alone

just a perception of how ridiculous it is now out here
That's because that's either a million + home or in liberal state. Probably both. That's not an accurate representation of property taxes at all. If the taxes alone are 24k your dad must be making 200k plus so I'm sure he's doing okay.
post 1548091661 04-02-2018, 07:29 PM
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#226
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i'd gladly pay for my kid's tuition and other bills if they were going through med school or studying to be engineers. they are on their own if they are on that liberal arts degree nonsense.
US Navy Veteran
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post 1548092291 04-02-2018, 07:36 PM
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#227
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I see this quite a bit, even in people that are responsible with money.

the cost of living is increasing, rent is increasing, insurance is increasing. Compound that with an entire generation that were conned/brainwashed into going into debt for an education that is a dime a dozen. starting out life 40/50k+ in debt is $550+ per month, god forbid something bad happens such as medical bills or large autorepair/ time off of work, etc.
post 1548093641 04-02-2018, 07:50 PM
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#228
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Originally Posted By soaponarope1
Lol at this whole post. 100k combined is well above the average US household income, . You suggesting everyone outside of the top 25% of households live at home? The median income for a household of 4 in San Diego is 64k.

You're delusional. If the US was anything like you seem to think it should be you'd have 25 members of every family in the US living in their great grandparents house
People can easily move out making way less. I’m saying it’s in their best interest to live rent free for a while longer. You’re an imbecile if you think it’s financially smart to move out and pay rent for no reason whatsoever before college grads at least pay off their loans.

I guess I have bias because the majority (all now that I think about it) of people who moved out at 18-20 to live with their friends haven’t advanced at all in their lives yet. All live month to month still waiting tables
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post 1548095981 04-02-2018, 08:13 PM
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#229
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I'm glad me and my fiance do alright. She is in the Airforce and with her pay(including single rate BAH) and my income we are over 120K. About to move in together in Fort Walton Beach Fl. We can live pretty comfortable.

One thing I don't understand is how young adults ages 19-25ish complain about not having jobs. I mean granted yes if you have 0 skills it maybe hard. But it's pretty easy to find a 16-17$ an hour job. Not great money but throw in some overtime an you will be ok. People have gotten lazy....period.
"Equality is a False God"
"Comparison is the thief of joy."
post 1548108221 04-02-2018, 10:59 PM
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#230
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Originally Posted By Archaic2021
I'm glad me and my fiance do alright. She is in the Airforce and with her pay(including single rate BAH) and my income we are over 120K. About to move in together in Fort Walton Beach Fl. We can live pretty comfortable.

One thing I don't understand is how young adults ages 19-25ish complain about not having jobs. I mean granted yes if you have 0 skills it maybe hard. But it's pretty easy to find a 16-17$ an hour job. Not great money but throw in some overtime an you will be ok. People have gotten lazy....period.
Military comes with GOAT benefits package too. Free healthcare/dental, GI Bill if you decide to get an "education" etc.
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post 1548109401 04-02-2018, 11:25 PM
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#231
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Some ppl are just more fortunate than others. Culture is another to take into consideration.

Well off asian cultures are their for there kids until death. And the cycle repeats.

But power to those who support themselves from a young start.
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