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*rippy38
14 Mar 2024 7:01 pm
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CYNICAL OLD CUSS
13,058 posts
Vegas » 14 Mar 2024, 6:23 pm » wrote: ↑ Did the survey give the average age? It's not uncommon for 18 - 23yrd olds to stay at home while they go to college. They are considered adult children also.
What's happening is kids are moving back home after they leave because they can't swing it on what they are making... or that what they say anyway.

It's a combination of wages not keeping up with inflation, and a generation of spoiled brats that aren't willing to sacrifice in the beginning.

A good portion of these "kids" that are living in mom and dad's basement are gainfully employed, but are spending their paychecks on clubbing, nice cars, weed, booze, and high end clothing and accessories instead of paying rent and utilities.

This is why "consumer confidence" looks so good right now. 

Half of the under 30 somethings are spending their paychecks on everything but maintaining their own residences.

 
 
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