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To: RexBeach
I live in a neighborhood of immigrants, and their children are expected to live at home, until marriage or until they buy their own homes. Or, like my next door neighbors, the youngest kid married, stayed at home, and then purchased the parents out of their home. Now the parents pay the kid rent.

Anyway, historically, staying at home until marriage is normal. What is odd was the trend in the US, starting in the 60's, of kids moving out as soon as possible (drugs, sex and rock'n'roll).

Having kids stay at home longer is a great trend (as long as the parents enjoy it) that will allow these kids to stay out of debt, and get on a firmer financial footing.

One other trend that no one brought up is that graduate degrees are being required for more jobs now. I think there's been "degree inflation" as many more people have gotten undergraduate degrees in the past thirty years, and so to narrow the field, you now need a graduate degree.
57 posted on 05/02/2005 9:25:34 AM PDT by Republican in CA
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To: Republican in CA
I live in a neighborhood of immigrants, and their children are expected to live at home, until marriage or until they buy their own homes. Or, like my next door neighbors, the youngest kid married, stayed at home, and then purchased the parents out of their home. Now the parents pay the kid rent.

This is the normal age-long practice. Old parents stay with their grown up children, help around the house and help to take care of granchildren. As they get older and more frail, they get care from their descendants.

70 posted on 05/02/2005 9:35:30 AM PDT by A. Pole ("Truth at first is ridiculed, then it is violently opposed and then it is accepted as self evident.")
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