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re: Here's how many millennials live with their parents in each US state
Posted on 5/3/17 at 2:16 pm to FalseProphet
Posted on 5/3/17 at 2:16 pm to FalseProphet
quote:
My worthless 25-year-old brother still lives at home. No steady job, no car, no ambition, and no contribution to society.
It.blows.my.mind.
At least up here I know people that hold full-time white collar jobs that live with their folks. Engineers, attorneys, accountants...
They're saving money to
1)Pay off student loans.
2)Buy a house with small amounts of debt.
I'd make an argument that the older millennial generation will have one of the lowest amounts of debt in generations. Quite the opposite of the baby boomers.
1
Posted on 5/3/17 at 2:19 pm to AUCE05
quote:
I can only assume that is due to increased competition for jobs. Also, with more people, you also have a higher % of lazy ness in the herd.
Up here it's cost of living.
Who can afford to buy a $500,000 1 BR condo when you have $100k+ in grad school debt?
Sure you can afford an apt, but you're not increasing your net worth by doing that. Living with family makes up the difference.
Posted on 5/3/17 at 2:26 pm to Crusty Juggler
My wife and I are 29 , I've been renting since college , been out since 2010 , bought my first house last year .
Not that hard . If you're out of college and living at home ,you're a loser .
Not that hard . If you're out of college and living at home ,you're a loser .
Posted on 5/3/17 at 2:58 pm to tke857
quote:
Here's how many millennials live with their parents in each US state
quote:
I know some of y'all sitting at your parents house right now. Speak up dont be scared. This is a safe space....
The fine china in a china cabinet is a dead giveaway.
Posted on 5/3/17 at 2:59 pm to tke857
Why is the Deep South and north east so screwed up?
Posted on 5/3/17 at 3:05 pm to tke857
Strange, looks like the higher the democratic vote, the more liberals live at home...............
Posted on 5/3/17 at 3:09 pm to Balloon Huffer
quote:
Strange, looks like the higher the democratic vote, the more liberals live at home...............
Wonder if location of major colleges/universities in larger cities have anything to do with it.
Mississippi is pretty rural though.
Posted on 5/3/17 at 3:14 pm to BearCrocs
quote:
If you're out of college and living at home ,you're a loser .
It all depends on the person. I have four kids. All were out of the house by 18 headed for college except for one. He moved out on his 24th birthday. He's also the most successful,level-headed,and driven of the bunch.
Posted on 5/3/17 at 3:23 pm to tke857
Millennials might beat their parents to their final address*:
*At least that's what I hear from an overweight sedentary millennial.
*At least that's what I hear from an overweight sedentary millennial.
Posted on 5/3/17 at 3:55 pm to tke857
Does this include people who aren't actually living at home but still use their parents address on their drivers license?
Posted on 5/3/17 at 4:02 pm to tke857
Im willing to bet that local economy and cost of living has a BUNCH to do with this.
High across the South = no jobs.
High in NY and Cali = high cost of living
Low in the Dakotas = oil booming right now so good paying/no experience jobs are plentiful AND cost of living is really low.
High across the South = no jobs.
High in NY and Cali = high cost of living
Low in the Dakotas = oil booming right now so good paying/no experience jobs are plentiful AND cost of living is really low.
Posted on 5/3/17 at 4:11 pm to PygmalionEffect
quote:yeah, that is it.
Should've used a reasonable range of 23-34 so they didn't pick up responsible students living at home while getting a higher education.
Guess those results didn't support their preconceived notion as well.
Posted on 5/3/17 at 4:16 pm to PrideofTheSEC
quote:
Does this include people who aren't actually living at home but still use their parents address on their drivers license?
I fall into this and I did briefly live at parents while looking for a place to rent after moving back to Houston. I just never felt like changing it since I haven't been to the DMV in years and won't have to for a few more
shite, I don't blame anyone for it. You can save a shite load of money doing it
This post was edited on 5/3/17 at 4:18 pm
Posted on 5/3/17 at 4:17 pm to tke857
18-34 is a pretty big age range. I know that is to encompass all millennials but I wouldn't think to give any shite to a college aged kid still living at home. Parents save money on board and kid has less expenditures. I'd be more interested to see what the percentage is of 24-34 year olds still living at home though to get a better picture of the issue.
Posted on 5/3/17 at 4:17 pm to tke857
It's be interesting to see what that percentage looks like for millenials over 25 years old. I'm sure it's still shockingly high.
Posted on 5/3/17 at 4:25 pm to tke857
I'm only 22. The only thing I've enjoyed about living with my parents is working a nice full time job and seeing that bank account stack up. It ain't stacking no more since I've bought a fixer upper and a lot of land that belonged to my grandad, but it was nice while it lasted. Also getting married in September doesn't help the cause either.
Posted on 5/3/17 at 4:30 pm to NYNolaguy1
quote:
At least up here I know people that hold full-time white collar jobs that live with their folks. Engineers, attorneys, accountants...
They're saving money to 1)Pay off student loans. 2)Buy a house with small amounts of debt.
I'd make an argument that the older millennial generation will have one of the lowest amounts of debt in generations. Quite the opposite of the baby boomers.
I think that's a good point. Im in my mid-20s and until we got married my wife went route 1) and I went route 2) living at home and now we hardly have any debt at all starting off except for a portion of her student loans leftover and our mortgages, but I consider the mortgages we have to be good debt.
There seems to be a lot of people (millenials) nowadays with student loan debt though. I wonder what the trend looks like on student loan debt over the past several decades because I'd imagine its been trending up rapidly.
Posted on 5/3/17 at 4:40 pm to AUlock54
I havent lived with my parents for more than a year at any given time since age 14. Havent lived at parents at all since age 18.
That said, if youre good with money then living at home for as long as possible is a really smart thing to do assuming you dont pay a bunch of bills for living there. It allows you to save a shitload of cash and then buy a house outright instead of getting royally fricked by interest and the amortization table, especially considering most peoples biggest expenditure is housing. I know someone that got shafted by the 0% down, A.R.M., '08 housing bubble shite trying to move out at 18. Shes been renting ever since and is like 30 now.
That said, if youre good with money then living at home for as long as possible is a really smart thing to do assuming you dont pay a bunch of bills for living there. It allows you to save a shitload of cash and then buy a house outright instead of getting royally fricked by interest and the amortization table, especially considering most peoples biggest expenditure is housing. I know someone that got shafted by the 0% down, A.R.M., '08 housing bubble shite trying to move out at 18. Shes been renting ever since and is like 30 now.
Posted on 5/3/17 at 5:50 pm to tke857
9 more days! I'll be moving into a home I own. Go ahead and call me a loser for waiting until I could afford to buy rather than shoveling money down the toilet by renting, I don't care.
Posted on 5/3/17 at 5:57 pm to tke857
Those numbers are straight up ridiculous.
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