More Young Adults Live With Parents Than Not—for the First Time in 130 Years

[The Devil's Advocate]

I don't live in the hood. I live in what most would consider the suburbs. No need to lie. It's a townhouse. 3 bedrooms. 2 /12 baths. Attached garage. My credit is great. 750. Interest rate 3.75%

I stand corrected. But it is cheaper out here

I have a 3 bedroom house with a basement and sunroom on an acre of land near Richmond. Pay 850 a month

Used to stay in wv. Same size house on 5 acres. 600 a month


Had a 2 bed apt in northern va, 30 mins from dc. 1200 a month



Location location location

 

[Anerdyblackguy]

I don't live in the hood. I live in what most would consider the suburbs. No need to lie. It's a townhouse. 3 bedrooms. 2 /12 baths. Attached garage. My credit is great. 750. Interest rate 3.75%

How is this possible? How much do you spend on the mortgage?

 

[benjamin]

I don't live in the hood. I live in what most would consider the suburbs. No need to lie. It's a townhouse. 3 bedrooms. 2 /12 baths. Attached garage. My credit is great. 750. Interest rate 3.75%

 

[The Devil's Advocate]

But still, paying mortgage with a wife and 2 kids with 22k? With food and electricity bills to pay?

Something ain't adding up breh

22k is about 1500 a month take home pay

His mortgage probably low as shyt. And he don't spend money on extra shyt. Probably buying necessities and generics

 

[playplayaj]

But still, paying mortgage with a wife and 2 kids with 22k? With food and electricity bills to pay?

Something ain't adding up breh

During tax season I get about 9k. I pay $600 for my home warranty. I pay my insurance for the year. This costs me $800 or so. I save 3 months of mortgage to give me wiggle room. That's about 2200 I have to save. Then I pay my car note for six months , about $1500. I also get my car inspected and handle maintenance at this time.

It's very possible.

 

[benjamin]

 

[semtex]

This is another issue. People watching too much tv

Avg American household makes 52k. that's both partners making 26k a year. And they would have kids as well


How this dude is doing it on 22k who knows. Probably lives in the trap. 757 ain't exactly New York City


But most of America is here surviving on combining 26k with another person making the same

Yet someone on this site the other day told me that $75k (single person household) was peanuts

 

[playplayaj]

How is this possible? How much do you spend on the mortgage?

My mortgage is $763. It was 704. When I bought the house, but my property value went up

 

[The Devil's Advocate]

Lol @ $1500 ..no it's not.

1500 x 12 is 18000

So unless you are paying zero in state and federal taxes. Yes it is. And I said about




$22000 Federal Tax Calculator 2016/2017 | 2016 Tax Refund Calculator

 

[playplayaj]

I make around 880 every two weeks

 

[The Devil's Advocate]

Yet someone on this site the ther day told me that $75k (single person household) was peanuts

People are stupid. They think about how they want to live. Car payment, money for fun, drinks, weed, date, movies, gym, whole foods, steaks, eating out


There's motherfukkers out here going to work and home and that's IT. Maybe stop by the dollar tree to do their shopping or aldies or something for all generics and cheap food. No vacations, no nikes, no name brand nothing. No cable, no wifi, no new computer, and a cricket phone


Most of America is broke as shyt for real. That's why you can get killed for a pair of Js. Cause that right there is people groceries for a month

 

[duncanthetall]

I'm 26 and probably would have lived with my parents for a while past 19 if they didn't move away and leave me in fukking Cincinnati. Been paying my own way for damn near 7 years now. Feel like it's made me a stronger, more adaptable person, but it would have been nice to live with them till like 22 or 23. I've struggled a bit at time. Still trying to finish my degree but c'est la vie

 

[Anerdyblackguy]

My mortgage is $763. It was 704. When I bought the house, but my property value went up

That's 9156 a year.
That leaves you with 12844 a year for the family. You trying to tell me you pay the bills ( Internet, food, gas, lighting, transportation cost) for two kids and wife with 12844?


Look if you say you're comfortable, then it's whatever but it just seems so hard to fathom. Maybe it's just different, because in NYC you would be eligible for Medicaid, foods stamps and public housing.

 

[wickedsm]

That's 9156 a year.
That leaves you with 12844 a year for the family. You trying to tell me you pay the bills ( Internet, food, gas, lighting, transportation cost) for two kids and wife with 12844?


Look if you say you're comfortable, then it's whatever but it just seems so hard to fathom. Maybe it's just different, because in NYC you would be eligible for Medicaid, foods stamps and public housing.

He gets back 9g at tax time.
It's doable in va, if he's not try a superstar stunt.

He should apply for foodstamps and children's medical though. Not sure if they qualify for either but it's worth a shot.

 

[benjamin]

That's 9156 a year.
That leaves you with 12844 a year for the family. You trying to tell me you pay the bills ( Internet, food, gas, lighting, transportation cost) for two kids and wife with 12844?


Look if you say you're comfortable, then it's whatever but it just seems so hard to fathom. Maybe it's just different, because in NYC you would be eligible for Medicaid, foods stamps and public housing.

LOL that nikka lyin....next a nikka gone say he's living good on 10k a year

Like I said, 22k single family income is poverty level.