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We also have to account for the fact that NY and LA are also unreasonably expensive. I wouldn't be able to afford to live there, and I say this as a Canadian,
by vivekd 3y ago
We also have to account for the fact that NY and LA are also unreasonably expensive. I wouldn't be able to afford to live there, and I say this as a Canadian, a place known for high prices particularly in housing
Also multi generation home might be a red herring. Because in just about every country adults are supposed to support themselves. Multigenerational means you support your parents not that they support you. So the type of multigenerational homes we see rising today might not be reflective of different cultural preferences explainable by rising diversity
- ProfessorLayton 3y ago>Because in just about every country adults are supposed to support themselves. China, India, and Latin America make up an extremely large portion the world's entire population, and families from there have had a growing presence in the US. Multigenerational housing is the norm there, and is absolutely not a red herring. Additionally, the focus is on supporting the family unit, not supporting in one specific direction. I definitely agree that high prices (housing in particular) are contributing to this, but so is culture.
- vivekd 3y agoI'm not saying india doesn't have multi generational housing I'm saying the nature is different It's traditionally not made up of adult children who are unable to support themselves. Instead it's made up of adult children supporting parents in their old age. That's not the same thing we're seeing in the US where lots of millenials are staying home due to being unable to support themselves
- ProfessorLayton 3y ago>It's traditionally not made up of adult children who are unable to support themselves. Instead it's made up of adult children supporting parents in their old age. This does not necessarily mean the parents are supporting their adult children directly, it also means mutual support. An example: Parents will argue "Why move out and pay a lot to a random landlord when you're welcome here and can save money?". It is not a free ticket to freeload, the child is expected to contribute in some manner to household (Pay rent, split bills, help with chores etc.). Parents from these aforementioned backgrounds actually encourage children to stay as long as they want, or at least until marriage. It is not seen as shameful that they're past 18 and still at home. I'm not arguing that economics don't play a factor, but I believe that's only part of the reason.