so many young adults living with parents

[mama2one]

More young adults are living at home, and for longer stretches






So many young adults living with parents will have ‘serious consequences’ for financial markets: Deutsche Bank

 

[mama2one]

not relevant to OP

 

[Paulos23]

this is sad as youth are putting off living their lives

see it in my own neighborhood
a 27 yr old is living with her mom
everyday, several friends are over there & they just hang out & smoke cigarettes

This has been happening for at least a generation. I remember this happening in the late 90s.

 

[thecolorsblend]

this is sad as youth are putting off living their lives

see it in my own neighborhood
a 27 yr old is living with her mom
everyday, several friends are over there & they just hang out & smoke cigarettes

The lifestyle and standard of living in which a lot of my generation was raised is out of reach to my generation. This isn't happening by choice. The economy that once supported a fairly stable middle class no longer exists. Neither do the resultant career opportunities. During the tail end of the George W. years and through all of the Barack years, a lot of my generational cohort had to survive working multiple part time jobs.

The end result is less wealth owned by my generation. But the upshot is that most of us are sincerely not greedy. Because we've never had an opportunity to be.

The reckoning due for Boomers is the stuff legends are made of. Their day is coming.

 

[mama2one]

The reckoning due for Boomers is the stuff legends are made of. Their day is coming.

what do you mean?

 

[bèlla]

christine,

I don't understand your comment. The article clearly states the reasons they live at home:

• Mostly as a result of being priced out of the housing market.
• The pandemic has exacerbated that trend by packing the one-two punch of making it harder for young college graduates to land a job in a recession while simultaneously triggering layoffs that disproportionately impact them.
• The majority of young adults are left to deal with the social ramifications of being priced out of the housing market, which includes living with their parents and delaying marriage and kids.

Getting an apartment before marrying is a modern change. They moved out earlier because they married younger than we do today.

Yours in His Service,

~Bella

 

[plain jayne]

The end result is less wealth owned by my generation. But the upshot is that most of us are sincerely not greedy. Because we've never had an opportunity to be.

The reckoning due for Boomers is the stuff legends are made of. Their day is coming.

Wow!!

Greed has nothing to do with opportunity my young friend. Greed is a matter of the heart. I know people of all ages and generations who believe the world owes them not just something, but everything, all because they exist.

Greed covers the world. Not just us senior adults.

Don't worry - all of us baby boomers will be dead in another couple of decades, maybe three. You can rejoice then if you just be patient enough.

 

[mama2one]

The majority of young adults are left to deal with the social ramifications of being priced out of the housing market, which includes living with their parents and delaying marriage and kids.

-there are still small, more affordable houses in many states including ours
-there are thousands of jobs available in our state but they're not being filled
even where husband works, they have trouble getting enough people who want to work

 

[bèlla]

-there are still small, more affordable houses in many states including ours
-there are thousands of jobs available in our state but they're not being filled
even where husband works, they have trouble getting enough people who want to work

christine,

That may be true for you but less so for others who live elsewhere. We must guard against expecting younger generations to mirror our behavior. My daughter lives at home and we agreed she'd remain until she marries. I see little reason to waste money on rent she could save and invest.

Yours in His Service,

~Bella

 

[Sparagmos]

this is sad as youth are putting off living their lives

see it in my own neighborhood
a 27 yr old is living with her mom
everyday, several friends are over there & they just hang out & smoke cigarettes

Have you seen rent prices? And the job market?

 

[mama2one]

tmi

 

[Sparagmos]

-there are still small, more affordable houses in many states including ours
-there are thousands of jobs available in our state but they're not being filled
even where husband works, they have trouble getting enough people who want to work





easier to live with parents than work a couple jobs & buy a fixer upper?

What state are you in?

 

[iluvatar5150]

-there are still small, more affordable houses in many states including ours
-there are thousands of jobs available in our state but they're not being filled
even where husband works, they have trouble getting enough people who want to work

easier to live with parents than work a couple jobs & buy a fixer upper?

Those jobs are obviously not paying enough to attract the right people. And even a cheap house would require a down payment in the $15-20k range.

 

[mama2one]

Have you seen rent prices? And the job market?

yes, we bought a house last year to downsize to one floor since have fibromyalgia & then husband/child decided they didn't want to move

a young, newly married couple bought it from us
it was tiny, needed some work but that was a smart couple
cause they can sell it later & move up if they want

yes, there is affordable housing & tons of jobs

 

[All Glory To God]

this is sad as youth are putting off living their lives

see it in my own neighborhood
a 27 yr old is living with her mom
everyday, several friends are over there & they just hang out & smoke cigarettes

You say putting it off but I doubt most people have a choice. If they can't afford to move out what options do they have? If they can't get a decent job how can they get money to finance this lifestyle?

 

[bèlla]

that's exactly what my mom said "you can stay home until you marry

however, by staying home, two of my sisters never married
now they are both over 40

christine,

Remaining at home didn't prevent scores of men and women from marrying. That's how things were done. Your siblings chose an extended adolescence for reasons that are inapplicable to this discussion. One doesn't beget the other. Living at home doesn't mean you'll become a spinster or Peter Pan.

I don't expect educated young adults to do menial work or heavy labor. If they can reduce their expenses by remaining at home and seeking employment that utilizes their skills and training they should.

There's no glory in swimming upstream. It becomes wearisome after a while. Delayed gratification is prudent and biblical.

Yours in His Service,

~Bella

 

[Sparagmos]

yes, we bought a house last year to downsize to one floor since have fibromyalgia & then husband/child decided they didn't want to move

a young, newly married couple bought it from us
it was tiny, needed some work but that was a smart couple
cause they can sell it later & move up if they want

yes, there is affordable housing & tons of jobs

What state are you in?

 

[mama2one]

redundant

 

[All Glory To God]

they want the lifestyle of their parents....

start small & save first before moving to bigger house

our first house was teeny, tiny
we did a bunch of work ourselves on it & sold it ourselves to save realtor fees

No answer. Thank you.

 

[mama2one]

my ipad keeps locking up in middle of posts
.....was in middle of answering TWICE but my posts keeps freezing, have to come back later, sorry