The New American Dream. Moving back in with your parents. Yay!

[ximmy]

"We All Work As A Team" - Millennials Explain How It's Going Living 'Rent-Free' At Home





"I had an apartment in Chicago," said Meghan Kennihan, 34, a running coach and personal trainer who lives in her folks' finished basement in La Grange. "It was tiny and expensive. I was miserable. I moved back. Now, I have a bedroom plus an area for my scrapbooking hobby and another for my exercise equipment. It's like having my own apartment except I have more space than I can afford to have in an apartment."



Not only is there more space, but the price is right. Millennials have been able to save on rent, and are just trying to chip in other ways around the house where possible, as 24 year old Dean Pearce explains.
"My parents have done so much for me, and now they're letting me live here rent-free, so I try to help out. I pick up my sister from school, do the dishes or whatever chore needs to be done. My mom makes dinner. We all work as a team."

As a matter of fact, the trend of kids living at home with their parents has gotten so strong that home builders are now designing homes with just that in mind. "One out of six buyers have or plan to have a grown child at home" said Richard Bridges, Chicago division sales manager at David Weekly Homes. For a mere $35,000-plus, Richard says the plan can include a bedroom/bathroom suite in a finished basement to accommodate the kids who inevitably will be returning home to live.


Chicago area builder PulteGroup says in their new models, kids can enjoy a bedroom/bathroom suite with a kitchenette and separate living space. "Our NexGen option is the greatest in housing since indoor plumbing." said Jeff Roos, western regional president at Lennar Corp.


In summary, it looks like things are going well for kids who are moving back home, all things considered. Rent is affordable, and now parents are even taking it upon themselves to buy houses that have the look and feel of one's own personal apartment for their children to return home to someday. It is safe to say that this is quickly becoming the new American Dream for current and future generations.
http://www.zerohedge.com/news/2016-04-27/we-all-work-team-millennials-explain-how-its-going-living-rent-free-home



Now that I moved back in with my parents I can smoke pot all day and drink at night with my friends.


Since I moved back home my mom gives me an allowance so I don't even need a job anymore


Nothing beats homemade dinner and sleeping in late. Mom even washes my clothes. I spend almost all waking hours gaming now


Chances are I will inherit this house anyway. Hope the old man dies soon so he will get off my back.


After I moved back home I was able to get government aid. The extra money helps and I don't have to pay it back.

[Jewboo]

https://static-secure.guim.co.uk/sys-images/Guardian/About/General/2011/5/10/1305027920204/The-Waltons-001.jpg

[mamboni]

My son is 26, employed and lives with me because he can't afford to live on his own. This is the new norm.

[cheka.]

my idea - don't stop with import tariff on goods, add tariff on foreign labor -- indian techies, mexican labor....and everything in between

US workers and wages are under relentless attack by nyc/dc -- especially brutal if you are low on the hate crime rank hierarchy. the US nigs and mexicans weren't enough in number nor skill to get it done.....so they've opened the floodgates to int'l anything-but-white hirings

the lowest of the low is white US male

[Joshua01]

My three kids are all married, all own homes, have babies and have built great careers. I, and they, must have screwed this new American dream up somehow

[Cebu_4_2]

Everything is free, everything. Free food, water, heat, electricity, everything. Only one asshole has to pay and that's me. Wonder why I have a bad attitude at times?

[Norweger]

Speculation and an overly generous welfare system is the cause of much of this, at least in Norway that is the case. Some live over their abilities though which i suspect is the case with many of these people.

[Shami-Amourae]

My three kids are all married, all own homes, have babies and have built great careers. I, and they, must have screwed this new American dream up somehow

Good job. You can usually judge how good the parent is by how successful their kids are.

[Joshua01]

Good job. You can usually judge how good the parent is by how successful their kids are.

Thanks but all I did was keep them on the rails growing up and do my best to give them good guidance. The kids deserve the credit for taking that and making good use of it. Many parents do the exact same thing as I did but ultimately it's the kids who are in control of their lives, not the parents. Those parents that are totally devoted to doing whatever they can to set the kids up for success while bringing them up do not fail or succeed, the kids do.

[brosil]

Great avatar, Cheka.

[Silver Rocket Bitches!]

Shit, it's the opposite for me. My mother is on SSI and is one rent check away from having to move in with me. I've had to cover or supplement her rent a few times and pay for her car insurance every month. What do the millennials do that don't have finished family basements to move into?

[midnight rambler]

Great avatar, Cheka.

Yeah, what IS that?? ???

[Sparky]

Things go in cycles. This is a new paradigm. It's not necessarily bad, i.e. multiple generations living under the same household. (See Jewboo's "Waltons" picture.) One might argue that it's good for society, in the sense that it allows family bonding that may help offset the disruption of nuclear families in recent decades.

It's really only a problem when the younger generation totally abuses it by becoming lazy and unappreciative. This seems to be the group highlighted in the articles quotations. But I think that was done for sensationalist purposes. Let's say the "child" holds down a job and does their share to contribute to the household? Doesn't that represent a reasonable situation? It's actually very efficient in terms of space and resources. I've been predicting for a long time that the "McMansion" era was ultimately going to result in multi-generational households, and so here we are. It's happening in such large numbers that the "stigma" has gone away.

So I ask, as long as the child is contributing, appreciative, productive, and respectful, is this a bad thing?

[Joshua01]

Things go in cycles. This is a new paradigm. It's not necessarily bad, i.e. multiple generations living under the same household. (See Jewboo's "Waltons" picture.) One might argue that it's good for society, in the sense that it allows family bonding that may help offset the disruption of nuclear families in recent decades.

It's really only a problem when the younger generation totally abuses it by becoming lazy and unappreciative. This seems to be the group highlighted in the articles quotations. But I think that was done for sensationalist purposes. Let's say the "child" holds down a job and does their share to contribute to the household? Doesn't that represent a reasonable situation? It's actually very efficient in terms of space and resources. I've been predicting for a long time that the "McMansion" era was ultimately going to result in multi-generational households, and so here we are. It's happening in such large numbers that the "stigma" has gone away.

So I ask, as long as the child is contributing, appreciative, productive, and respectful, is this a bad thing?

Nope, presuming the bolded part of your post is true!

[Jewboo]

https://www.youtube.com/watch?v=eIqfDECyTMQ


Times are tough. I agree with Sparky, and recognize that a few kids as adults will exploit their parents.

I'm inclined to give them the benefit of the doubt until the Swat Team arrives.

:)

[Hitch]

So I ask, as long as the child is contributing, appreciative, productive, and respectful, is this a bad thing?

I think the crux of this discussion is the "moving back in" part of the article. When a child moves out on his/her own for the first time, that child usually becomes an adult, having to take care of themselves. If time goes by, and for whatever reason, job or career change, a chance to save money for the future, that person decides to move back in with their parents. That says a lot. That says that they had a good home life and a good relationship with their parents. After all, a kid will not move back in if he was miserable growing up.

Furthermore, often the dynamics of the relationship changes. The parents normally would see their child not as a child needing raising anymore, but as an adult. Like the quote from the article when they said they were working as a team. Often this makes the family stronger and closer.

Another thing this suggests, regarding men, is that they are caring less about what women think. Most adult women wouldn't give a guy the time of day, if he lived with his parents. Men, moving back with their folks, are basically saying we don't care and probably won't bother to try and live their lives trying to impress women.

[Joshua01]

https://www.youtube.com/watch?v=eIqfDECyTMQ


Times are tough. I agree with Sparky, and recognize that a few kids as adults will exploit their parents.

I'm inclined to give them the benefit of the doubt until the Swat Team arrives.

:)




Looks like a fine upstanding young gentleman that any parent would be proud of

[ximmy]

Shit, it's the opposite for me. My mother is on SSI and is one rent check away from having to move in with me. I've had to cover or supplement her rent a few times and pay for her car insurance every month. What do the millennials do that don't have finished family basements to move into?

Same with me. My sister and I supplement our parents living expenses.... A bum brother who thinks extra things others have should belong to him. Things got really messed up.