Posted on 12/22/2022 3:49:11 AM PST by EBH
Thanks to the “kidult” trend, approximately half of all U.S. adults in the 18 to 29-year-old age bracket are currently living with at least one parent…
Of course every story is different.
Some adults are living at home because they just cannot afford homes of their own.
These days, millions of young people graduate from college with massive amounts of debt, and when all of that debt forces them to go back to living with their parents they are referred to as “boomerang kids”.
If you are a young person that has been financially crippled by student loan debt, I certainly don’t blame you for trying to save money so that you can turn your life around.
Ultimately, trying to get out of debt is a really good thing.
But of course there are millions of other young adults that simply refuse to grow up.
In fact, they have become so numerous that the toy industry has created a special term for them. They are called “kidults”, and these days they are spending billions of dollars on toys…
Have you ever met an adult that has a special room for all of his Star Wars collectibles?
If so, then you probably have a really good idea of the type of person that I am talking about.
“Kidults” are shelling out so much money for toys that toy companies have actually begun to create “product lines just for these consumers”…
(Excerpt) Read more at theeconomiccollapseblog.com ...
I walk into some homes to care for the pets and am overwhelmed by the toys covering nearly every surface. Hoarding? No, a house full of kids and kidults.
And then I ponder how much money they've spent and how many of these toys were played with once and are buried in a corner somewhere.
I don’t blame them living with parents especially now that housing costs are through the roof especially in the DemoMarxist cities.
I grew up in New York city and my first apartment cost me $400 a month in Queens 1985. My 2nd apartment cost me $640 a month in 1995. Now they cheapest you can get is around $2500 to $3000, that’s the CHEAPEST.
Something happened in those 27 years causing rents to speed past the inflation rate and I really think it has to do with illegal immigration. The neighborhood I grew up in Woodside looks like Mexico now. There are so many illegals in NYC now that housing costs have skyrocketed solely due to supply and demand. And it’s only going to get worse under the Biden occupation.
>>millions of young people graduate from college with massive amounts of debt
“massive amounts of debt”? Hardly, average loand debt in 2020 was less than $30K - in other words, less than the cost of a cheap car.
If after 4 years old college, you have not improved your lot in life enough to handle the payments on $30K of debt at low interest rates, over 10 years, then you are already pretty hopeless.
...and the median debt is even lower, closer to $22K.
I paid my loans, my wife’s loans and for my 4 kids to go thru college with zero financial aid - you slackers can pay your own dam bills.
I want to see that breakdown by demographic (race).
Deep State intended this.
The infantilised are far easier to rule.
Gen Z going into debt so they can spend hundreds of dollars on “adult” Lego sets, video games and comic books. 50% living in parents’ home because they are “Trying to get out of debt?” These are the fools who thought they could count on Biden to bail them out of their useless student loans. Spare me.
This means that an American entering the work force today basically has a mortgage to pay and no home to go with it.
How do the size, trimmings, condition and locations of those apartments compare? Real inflation has jumped over 50% in the last 24 months alone.
I’m in that age group. On advice of parents I got a minimum wage job at 18 (having been homeschooled I’d have gone sooner but nobody was looking for minors) and soon bought myself a fsbo which is now worth at least 5x what I paid for it. It’s not the only house I own free and clear now, nor the most valuable.
Makes me sad to read that anyone thinks they can’t afford a home. They must be looking in the wrong place.
Other errors would include borrowing money for college, credit cards, expensive toys and habits.
There are companies that will pay 100 percent of college tuition and it’s 100 percent online. There’s the military, too. Those first four years should cost you virtually nothing.
Not saying there’s anything intrinsically wrong with living with parents. I’m a big believer in looking after elders and keeping family close.
I bought over the years a few star wars items but not so much the toys. Mostly magazines. One action figure I did get was the bartender from the cantina scene. He was grumpy and had basically one line in the movie telling Luke that his droids weren’t welcome in the cantina. Instead of welding a light sabre he’s offering a drink. It took about 25 years after the first movie before they made him into an action figure or should one say less than action figure.
Almost an entire generation that needs a cellphone to tell them how to look, think and speak,what to say and how to say it- nowutimsayn? Without it too may of them become bumps on a log.
I’ve been in the military for multiple decades.
I still build LEGOs . Sometimes even with my daughters.
People relax in different ways.
Toys are certainly healthier than a bottle of scotch.
1973 I got a 3 room on the top floor of a 4 story walk-up (really a 5) pre-war for $125 in Woodside, North of Queens Blvd. Landlord was great. Parade Magazine did a cover spread on him and his son-in-law partner as “New York’s Favorite Landlord”. At the time they owned several 4-6 story buildings in the area. When I left in 2002 the rent was over $700, still very reasonable. The neighborhood however was well on its way out. Only one of the store owners I used to frequent was still there.
When I look in on Google Earth now, especially along Roosevelt Ave, it is unrecognizable.
just enjoy your retirement, Spend your kids inheritance, you earned it. Giving gen z money just makes them even feel stupider about the idea of having to work for themselves.
Mind you, not as many toys as this guy has, but I'm working on it...
There was another thread here discussing the 1970s and I mentioned about how the NHL was a much better brand of sport back then compared to today’s Bettman era. One thing that I notice is that it seems almost everyone you see at the games today are all fully decked out in the jerseys and other gear and some with even their faces and hair painted or dyed to match the team colours. And you get the loud sound effects and music and even rap shows during the intermissions.
All of this aimed at people or “kidults” who will spend the money on the expensive seats and jerseys and food and everything else and after a while, it is such a dumb and immature spectacle to see when you watch it on TV or even go to a game in person. And that kind of a very different thing compared to going to the Montreal Forum or Maple Leaf Gardens or the Boston Garden or Madison Square Garden or the Spectrum in Philadelphia or the Detroit Olympia and elsewhere like that back in the day.
Perhaps at some point it will be illegal adults that have to run politics here, if the current resident generation does not grow up
At work I’ve found it’s common for 20 year old’s (even ones who are married) to have comic books on their walls and or children’s toys on shelves in their offices.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.