[RANT] Why some people in their late 20s to early 30s stay live with their parents?

This makes me angry. Some of the kids fault but mostly the enabler's fault. Glad I came from a VERY poor upbringing...

 

Agreed 100% but she's an enabler. She wanted to be their friend instead of their parent and now she can't understand why they mistreat her so.

 

Why do you care what they do?

 

I'm 19, going into my sophomore year at college, and I still live at home. I live at home, and the commute downtown is a pain. Their are benefits to living at home, of course, with things like bills, groceries, and gas being paid for. I help keep my mother company, as she gets very lonely since my dad passed. However, it sucks because I crave independence. I crave having a job, the ability to go out at night and go here or there. Talk to girls without any drama of "who is she" or "How far does she live"?

We plan on moving in the near future, and buying a house, in my name, closer to my brother over in Humble. However, she hints that she still wants to live with me at that point. I'd be 22.

What do I do? I can enjoy coasting on the easy life for the next couple years, but I eventually want to strike out on my own, and make my own way. I don't want to live off my parents money forever; that's the easy way out. I want my own place, my own job, and a chance to meet somebody. Because no woman wants a man still living with his mom.

 

i know what you mean. i used to tell family members to save and be more responsible with their money. no, they'd buy a brand new car every few years and take vacations that i knew wasn't in their budget. next thing i know they're asking me for loans. they assumed i had the money to lend which i did but wouldn't give it to them. then they get mad at me for not helping out. now i keep my mouth shut.

 

This is such a common misconception. People always say that its better to own than to rent for various reasons -- the money you spend in rent is almost equivalent to a mortgage, you build equity in an investment, the normal benefits of property ownership. However, there are benefits to renting, and regardless of your equity position, you're still bound to pay property taxes and you still owe the bank money. In short, you aren't as restrained in renting and you're paying for that convenience.

But on the flip-side, I disagree that you're wasting money renting. There are many perks to renting, especially for young people. First off, you aren't well rooted. I'm currently renting month-to-month for approximately $600.00 per month. If I get a job offer in Chicago working for the Bulls, I can be there in a snap. Furthermore, I'm not stuck in a mortgage, and if I do have to move, I don't have to go through a relatively long-term moving and selling process (or end up stuck paying a mortgage, insurance, taxes, upkeep, etc. on a property I'm not living at). Third, I don't have to pay for upkeep and maintenence on an apartment. If my AC goes out, maintenence comes in and fixes it. At the worse, I'm either uncomfortable or I'm staying at a motel for a couple of days. As a property owner, you're stuck paying to have your AC repaired (which can be pretty costly). That isn't something I want to be stuck paying for as a 24 year old without savings.

In short, you aren't throwing your money away renting. There are several benefits over homeownership that you're paying for. Someday, I'd love to own a home and property, but I'd love to be able to afford it first. Renting affords the opportunity for a young person to take risks without being bound to a property. Homeownership is a luxury that isn't entirely necessary.

 

Hilarious thread. It just seems like the OP wants to feel better about himself, yet he himself is still living with his parents, saving off their backs. You are just like the freeloaders you talk about but just more responsible. You have people in different circumstances, there are screwups everywhere, freeloader parents also exist. If you don't want to be like these people mooching off others, then go pay for everything yourself. Funny stuff.

 

Not paying rent seems like an incredibly smart thing to do when you don't have to live on your own, especially considering the limited job market today and crushing student debt most people have.

Not sure why where someone else lives bothers you so much.

 

Ok, you are superior in every way. Noted.

 

Why does it matter?

 

I'm 27 and just bought a house. Put that b**** on a 10-15 year plan. Either chrysler 300 or go back to school for a bigger career. You come out of school missing a lot in life. Some people like living day to day with no worries.

 

Cuz OP feels like **** eating Ramen in his apartment while his buddies eat home cooking at home.

 

Just another notch on the great pissing contest of life. " I own a home, I make more money, my car is nicer, I have a boat, My wife is smoking hot, I have a bigger peen." Really as long as you're happy with your life, what does it matter what the Jones' have? Pursuit of happiness guys.

 

Exactly. I mean what the hell does it matter what everyone else around you has? Worry about yourself and learn to find contentment. Too many people in this world are concerned about having the biggest and best stuff and gloating.

Life isn't all about money folks.

 

I envy those people. I'm 23 and I've already started looking for apartments. I would stay with my parents up until my late 20's, but they are not cool with it now. Having meals everyday, a clean home, all bills paid, etc. Who doesn't want that? To get that outside, I have to marry someone and hope she doesn't turn out to be a b****.

There's a lot of "hate" which I believe is jealousy. You guys are jealous others are born rich. That's life. Others are more fortunate. Get used to it.

 

You should have bought a house and moved out about 6-8 months ago. Probably would have saved more $ than paying the PMI for not putting 20% down which is not even a requirement. Home prices and interest rates are going up.

 

I graduate in 2 years, after that I plan on getting a job and paying off my student loans and saving up to move out when I feel my safety net is large enough to cover me in case of any mishap that comes my way. Don't know why OP is so mad at people who choose to live life differently. You do you and let them do whatever they want lol

 

I agree with both of these statements ...


If someone wants to live with their parents, guardians, or whoever, and not pay rent or do whatever ... I don't give three flying f#cks about such. It's really none of my business what other people do in their households or lifestyles. I've seen people from all walks of life live at home with their parents or guardians, or vice versa, parents living with their children for whatever reason:

1) Sickness, some people are legitimately (physically/mentally) disabled, ill, or incapable of living on their own. I've seen, met, and known people who should not be living by themselves under any circumstances.
2) Recent graduate unable to find a job or career. Hard to live anywhere when you are unemployed ... you need income to stay somewhere unless it is a homeless shelter. I'd like to ask OP this question, would you rather stay in a homeless shelter, your car, or with your parents, if circumstances came along.
3) Lazy Loafer ... nothing is wrong with that, as long as the parents do nothing about it...
4) Penny pinchers
5) Convenience (job or city is closer to parent's home, or child's home)
6) Parents live in a nice neighborhood (or child leave in a nice neighborhood), while a child may not be able to afford to stay in a similarly nice neighborhood (realistically who wants to live in a low-income neighborhood or 20 roommates under those terms, I would probably choose my parents in the right situation).