Quote:
Originally Posted by UFO
It's great you and your sister are chipping in. It's good you feel obligated to help out, but at the exact same time maybe they are feeling obligated to help you and your sister out because of the current conditions. But consider this do your parents really NEED you to take care of them? If you and your sister moved out, it would allow your parents to downsize and cash out on the current house to tide them over until they can access their RRSP's and then some.
I think the whole kids are staying at home longer may be true but only to a minor extent, the media is blowing this out of proportion IMO just like how many believe that the Chinese mainlanders are the ones controlling the local real estate pricing.
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Yes! Are kids staying at home for financial reasons? Probably a bit longer, but if you live in the city and can have access to what you need(job, school whatever) then there is no pressure to move out. If living at home doesn't cramp your style, or cause undue hardship on the rents, then who cares.
I think it has a lot more to do with the fact that kids don't go and get married at 19. If you aren't out getting married, and knocked up right away, then there is no pressure to move out right away.
It's different depending on where you are. Back east, where I grew up, the graduating class was out of home at 19. There was no access to education where we grew up except for a shitty community college, and minimal work. You moved. End of story. Hell, I had to come back for graduation-I was moving after my final exam.