I see your point. From friends and family which I have seen, some of these young adults are delaying growing up and being responsible for themselves with these living arrangements.
If young people are living with parents to save money to move out, save money to buy a house, etc. That’s one thing. But its another thing if they live with parents, paying no or little rent, and spend their money on stupid things. Just my opinion.
I agree. If anything, I want my kids to save money for a nice big house, because we want to move in with them when the time comes. ;)
“But its another thing if they live with parents, paying no or little rent, and spend their money on stupid things.”
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Like driving around in expensive cars and generally living what would be an otherwise unaffordable lifestyle. Of course their temporary period of disposable income is really an illusion that eventually will give rise to unrealistic expectations and ultimately to disappointment and frustration once the subsidized lifestyle ends.
Smart parents will encourage their “kids” to set money aside for the future instead of squandering it.