Posted on 05/31/2012 6:41:01 AM PDT by Hojczyk
Just how much of a bummer is it to be well past the age of adulthood and still living under your parent’s roof? As this living arrangement grows increasingly common, the perception is that it’s not so bad after all. In fact, living with mom and dad can be pretty sweet. According to a new survey, young adults who live with their parents are nearly as likely to say they are satisfied with their housing situation as those who live on their own.
The Great Recession has brought with it a reevaluation of the American Dream, and even whether a college degree is worth the money. Now, the idea of living at home with your parents isn’t associated with failure or a lack of achievement. More likely, young adults living with their parents are thought of as victims of unfortunate circumstances, with plenty of good company.
They may also be considered to be pretty smart customers: At the very least, they weren’t foolish enough to buy a home that they couldn’t afford—and that promptly declined in value by 50%. That’s what so many adults, young and old alike, did five or so years back. To homeowners who are deeply underwater or facing foreclosure, living debt-free in your parents’ home must sound like a nice possibility.
(Excerpt) Read more at moneyland.time.com ...
Everything is peachy in Obamaland.
Wonder if they surveyed the parents, who I imagine are considerably less satisfied.
I'm just waiting to see what happens to Generation Fail when mom and dad can no longer support them. I guess they will just turn to Big Daddy Govenment and the Democrat dream of "every man a dependent" will finally be realized.
Whistling past the graveyard as the society/culture continues its unabated descent into a 3rd world cesspool of shared misery
How else are they going to get to go to all those rallies and protest the evil capitalist system. /sarcasm
How else are they going to get to go to all those rallies and protest the evil capitalist system. /sarcasm
To tell you the truth, I’ve got mixed feelings on it. With the way the economy is going, my family is starting to consider what to do with my grandmother’s house when she passes.
Talk seems to be leaning in the direction of moving my uncle and my cousin and wife into the house. That’s 5 people in that big ole 5 bedroom house and 4 of them are couples which will leave 2 free bedrooms.
I lived in the same house with 3 generations when in my 20s. Its not ideal, but ya do what ya gotta do. 3 generations or more under one roof is standard procedure in almost all places in the world except america, and was standard procedure here in america up until the around 1960.
sounds like a plan to me, as long as there’s no hard feelings between them.
I can say one thing if it turned out my children had to move back home.
I rasied and trained them well they are both living away from with good jobs
I would never have to cut the grass, weed the garden, cut and split fire wood and any other chores I could think of.
May be there is a reason they are not living at home.
We just keep lowering the bar, we make the tests easier, we make the demands on our children lower, and then wonder why other countries are picking up our manufacturing base, why we are importing H-1B Visa Engineers and Software programmers.
Then, we wonder why business’s here are failing.
It’s going to get much worse, before it gets better.
I’m sure its never easy but lord knows how many generations have done it. It wasn’t so long ago that most families lived that way.
I don’t think that is a bad idea at all, Cripplecreek, as long as the adults set out rules of sorts. For example, how will the bills be divided, who cooks/cleans/does yard work etc... In these economic times, families sometimes need to help each other to keep their head above water. IMHO.
It’s very common in many ethnicities or cultures. I think if both sides are happy, it can be beautiful and keep them close. All those empty rooms, a responsible child can keep the house safe while you travel, the child can be saving up for a better house when he marries.
It depends on the people. My brother stayed there til almost 30 when he married, and then he bought a nice home. He left to attend college and law school and lived at home as he started his career.
I wish my elderly parents WOULD live with us. I treasur thm and I like having different generations and ages around. But they refuse.
It depends on the individuals. If its mostly a responsible adult, mutually satisfying thing, it can be a “family compound” and provide times for true family closeness. If it’s a pothead on the couch with chips all around him, that is different. He needs a kick out of the nest.
Do yourself and your immediate family a favor and IF you go down that path (having relatives move into the house), get everything squared away legally before your grandmother passes.
When everyone owns something, no one owns anything.
You’d be surprised how “relatives” act when their “free” gig is up. I lived through one of these “family house” situations via my Mother and it was a nightmare to get resolved. And I did get it resolved (using both legal and Don Corleone methods), although it took years off my life in the process.
Not so awesome for Mom and Dad.
A "young adult" I know told me that the majority of his mid-to-late-20s male friends still live at home and the majority of the corresponding females he went to school with have their shit together.
No surprise here. Time Magazine doing what it can to make unemployment and living with your parents a fun thing to do during the Obama regime.
Not all families are litigious.
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