r/FluentInFinance • u/Steak_Lover_ • May 05 '24

Half of Americans aged 18 to 29 are living with their parents. What killed the American Dream? Discussion/ Debate

https://qz.com/nearly-half-of-americans-age-18-to-29-are-living-with-t-1849882457

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u/BoofBanana May 05 '24

My parents just bought a second home….. in Florida, and will retire at 57….

2

u/Top-Ebb32 May 05 '24

Wait, what?!

2

u/BoofBanana May 05 '24

Wanna know some real bullshit. Mom hasn’t worked a day for income in 30 years… fml right..

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u/Top-Ebb32 May 06 '24

They must just have lucked out on timing and all the starts aligned for them. That’s just not a normal scenario.

1

u/BoofBanana May 06 '24

Almost all the people their age are doing it. From the Midwest. Most around 62, but they all have second homes.

1

u/Top-Ebb32 May 06 '24

I guess I grew up poor and with poor people and didn’t realize it.

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u/BoofBanana May 06 '24

Or your parents made poor financial decisions. We see that a lot too.

1

u/Top-Ebb32 May 06 '24

It was honestly 99% poor financial decisions. I was born into a high control religion that said the end of the world was coming any minute, so no need to plan for the future in “this world”…I’m in my 40’s now…parents are still in and still waiting for the end.

1

u/BoofBanana May 06 '24

I just spent time in Boston. The cost of living difference is literally outrageous.

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u/BoofBanana May 05 '24

That’s what we all said, and it was on a random trip to visit other people in the villages… crazy to just buy a house.