2 of the houses are investments. They clear me about $90 a month.

I only make 18hr as of now, but once I complete the police academy, that should jump to ~$25 or so.

 

Hope you are not overextending yourself there.. but that's a different thread all together.

Most asian systems in general encourage the children to come back after education. That also comes along with the responsibility of potentially becoming the "man of the house" and later letting your parents move in with you.

That's a fair system. It's also ok, depending on the circumstances, to come home after college/whatever in order to save up towards something. Helping around the house should be mandatory but usually isn't.

I couldn't wait to get out of my parents house at 18. If you want to get real about it, something just isn't right when you bring over a girl to your parent's house, if you know what I mean. If they said it was ok that would be even weirder.

 

completely.

What nastinupe is talking about is family bonding and the family collective unit.

What most 24-year olds are talking about is leeching out of selfishness so they can buy themselves more stuff.

Answer this question: When you're 50 and married... will you freely take your kids back into the house... and more importantly, will you pay for your geriatric parents to come live with you?

It goes both ways. If you're going to leech in your twenties, you better be willing to forgo the F40 in your fifties because now you're the one supporting all the extended family.

My parents helped pay for my education, now I'm in a position to return the favor. They know they always have a place to stay and money to support them in their later years.

Without that reciprocation, it's just selfishness.

 

I'm as "'Murican" as they come when it comes to this topic.

I'm glad I moved out. As it came to pass, my family life was A LOT MORE ed up than I knew. I'd have never gotten the therapy, space, and independence I NEEDED had I stayed at home. After I moved back (from living in the PacNW), I lived with my folks briefly, and it only confirmed what I realized (about how F'd up everything had been). Screw that.

While the housing argument is tempting, the satisfaction I feel in owning my own place, as well as paying my own rent prior, far outweighs the economic benefits. You'll never enjoy buying a garbage disposal the way I have.

I've also found that although staying with the family is cultural, there's something that's been "lost in translation" with many (not all) of my friends who are staying home. They don't save like their parents (obviously did); they begrudge their jobs, as they're working to support what their parents demand, rather than what they want. While there's a "you'll appreciate it when you're older" sentiment to that, I've noticed that the age at which they FINALLY appreciate it is becoming later and later.

Lastly. . . dammit. . .when I "close," I don't want to be humpin' hard with Mom and Pops downstairs. Do you think your Mom and Dad wanna hear a good ass-cracking, or The Whimpering Dolphin? FFS!!!!

 

Uh, i clicked and it didn't enlarge

 

$300k? Try $500k out here in SoCal for a fixer-upper. I wish I could live with my parents again, I don't know how I'm ever going to be able to afford a house at this rate...

 

I think there's a general attitude in the West that places a high value on independence and individual accomplishment and that often influences whether or not people continue to live at home.

Like other posters have said, there needs to be a balance (financial, emotional, etc) if you continue to live at home. Personally, I was raised to be very independent (to a fault), but living on my own gave me a sense of responsibility and personal growth I wouldn't have experienced had I remained at home. Doesn't necessarily mean anyone else values that for themselves though!

 

I'll be living with my parents once I get out of school until I can afford a house of my own. Considering the areas house prices, that might be a few years

No problem though, I can't justify renting so I'll stick it out till I have the money.

 

Oh I know, I see the house-flipping shows on TV in that area and it's ridiculous. On the other hand, what's the average salary there?

 

Depends on the job, but from what I've seen it looks to be only 10-15% higher on average, while real estate prices are more than twice as high as most other parts of the country