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What would the US look like if the avg age someone moved out on their own and started a family was 30 years old?
It certainly would be a damper to economic activity if said kids weren't consuming to their full potential, however if you were able to build a strong financial footing, figure out who you were, what you wanted to do before moving out, getting married and having kids. What would it look like?
But many of them returned from places where there are supposed to be jobs. But there were high rents. Many of these kids didn't major in something marketable, and they are irrelevant to the high paying jobs in these places.
what places? what did these kids major in? how many majored in those non-marketable majors? Do you have any real data?
The rest of the world has multigenerational households.
It used to be the same here.
I am not freaking out about this.
You are 100% correct. Families have been moving in together for awhile, but I know a lot of people that simply do not get along with their families for whatever reason.
yeah. have more people in fewer houses is hardly a major issue. I grew up in a house with my parents and my grandmother lived in an attached apartment. my sister graduated college in 2008 and lived with my parents for a year. i live in NJ and know 35-40 yr olds who live in their parents' basements.
who cares?
It certainly has become a negative social stigma to be a 30-40 something living with your parents
You are 100% correct. Families have been moving in together for awhile, but I know a lot of people that simply do not get along with their families for whatever reason.
That's true and I'm one of them. I love my family, I really do, but I could not stand living with them for the rest of my life. A house filled with both my parents and my kids would be nightmare.
This. The Boomers are showing how egotistical and out of touch they are once more by acting as if it was normal for the kid to move out, have a house, be married, and have a nice job at 18.
We bought out house six years ago with this in mind - it has 7 bedrooms. We have 5 grown kids (4 married, 2 with kids) and so far 2 have moved in and out during rough patches. We also wanted room for our parents, just in case.
It's not a great economy. Many in our family have been laid off or their employers have gone out of business. I'd rather have them regroup and save more money faster for a restart with us.
Our rule is they have to be working somewhere or they work for us. Haven't had to charge rent yet but if we did, we would probably save it and give it back to them as a surprise when they move out.
Or just charge rent. I always paid rent when I was living with my mom. ... Even in my mom's case where she really didn't need it at all, it would have felt weird just living there for free.
My elderly mom now lives in a house I own in an age restricted community (my father passed away 40 years ago). Should I charge her rent?
Easier said than done, but parents should agree to let the kid come back with a deadline for getting back out on their own, so it's a safety net rather than a crutch. Some household rules will help motivate them to work hard toward meeting that goal.
I don't understand this line of thinking, as though kids just love living with their parents. Most young people, including mine and young people I work with would lOVE to get out of their parent's homes and live in their own place if they could. I just don't think that many are happy and content living at home, it's an inability to afford all that goes with being independent these days that is the problem in MOST cases.
What would the US look like if the avg age someone moved out on their own and started a family was 30 years old?
It certainly would be a damper to economic activity if said kids weren't consuming to their full potential, however if you were able to build a strong financial footing, figure out who you were, what you wanted to do before moving out, getting married and having kids. What would it look like?
Hell, you could probably knock 5% of my tax rate because of all the welfare parents I wouldn't be supporting. By 30, a lot more people who be financially able to have a family.
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