Originally posted by: Rad
My brother (27) and 1 of my sisters (33) and I (19) still live at home. It's generally accepted in most mexican homes that you CAN live at home until you get married. I really don't see how this is bad really, i mean my bro works as a mortgage something or other and makes decent money and helps pay bills around the house and has a nice car (Infinity Qx4?) and my sister is a teacher and she is getting married in november. I am in college right now, and hell, its just cheaper to live at home.
Originally posted by: GagHalfrunt
The age you should be out is whatever age is acceptable for both parties. For many people living with the units for a few years after college makes perfect sense. You can pay FAR less for rent and the parents can charge a few bucks and make more than they would off an empty room. Live at home and pay $200 a month rent instead of $700 a month. You're saving $6000 a year while the parents are making $2400 a year. At the end of 4 years your parents are $10,000 richer and you have $25,000 more as a down payment on a house. So you either get a much nicer place, a nice house sooner, a much smaller mortgage or all three.
Originally posted by: Naustica
Different cultures have different views on this although the U.S. is slowly mirroring the rest of the world. Over 30+ and still living with parents are lot higher than you think and increasing in the US.
Originally posted by: homestarmy
Originally posted by: GagHalfrunt
The age you should be out is whatever age is acceptable for both parties. For many people living with the units for a few years after college makes perfect sense. You can pay FAR less for rent and the parents can charge a few bucks and make more than they would off an empty room. Live at home and pay $200 a month rent instead of $700 a month. You're saving $6000 a year while the parents are making $2400 a year. At the end of 4 years your parents are $10,000 richer and you have $25,000 more as a down payment on a house. So you either get a much nicer place, a nice house sooner, a much smaller mortgage or all three.
Unless in that time the property values go up 50%.
Which is why I'm glad I did what I did. I did a year at CC. Moved out fully self-sustaining at 19. By 21 (still in university) bought my own house. Two years later house is worth 150% of what I bought it for.
Live at home past 20? L O S E R!
Originally posted by: BurnItDwn
I think it depends largely on the situation.
Sometimes one has to sacrifice some of their own personal freedoms in order to do what they know to be right.
What about single parents with low income? What if the son/daughter lives at home to help support his single parent (rent payments) in addition to saving some of his/her surplus income for a house? That was my situation until I turned 24 years old. I moved out after my mom had payed down her debts enough to live on her own. (It's been about 2 years since I've bought my townhouse.)
I do believe that by the 18th birthday, the son/daughter should pay rent (even if they are in school, perhaps just $100 per month, or discounts for good grades in school, etc) and work at least 20 hours per week (to get a feel for what real life is like.)
Now adult age people who live at home, just to be freeloaders, I do have a major problem with. That type of behaviour disgusts me.
