OSR stands with Israel
Computer89
Atlas Legend
Posts: 45,392
Political Matrix E: 3.42, S: 2.61
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« on: March 15, 2022, 11:56:50 PM » |
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Imo the whole idea of the norm of kids move out of the house after they graduate high school/college is something that really is dumb economically. One reason for this is that the 20s are supposed to be an age where people build up their careers, slowly accumulate capital and plan for retirement.
It also strains the housing market as it increases demand far more than it would otherwise which makes it harder for young people to get homes and also results in rent prices for apartments going up which again makes it harder for young people to accumulate capital or build their careers. Fixing this issue doenst even require much but people deciding to stay at home during those years and that would save money to build up young people's career.
It is also similar problem for old people where without a job , many can struggle to afford basic essentials and eventually decide to go to a nursing/retirement home even if they dont have an urgent medical need . This problem would be much less if people were willing to let their parents live with them when they are older as doing that would take a lot of strain of senior citizens and let them enjoy their retirement more instead of being forced to work.
This also would save both the parents when their kids are starting out their careers and later their kids when their parents are past retirement age a lot of money too. Letting kids/parents lets some basic needs be provided for without you having to pay extra rent for them as well.
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