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Staying with your parents as long as they'll let you is often the smartest financial move you can make. With student loan debt skyrocketing, housing prices high
by skywhopper 12y ago
Staying with your parents as long as they'll let you is often the smartest financial move you can make. With student loan debt skyrocketing, housing prices high, job market weak, and wages stagnant, there's almost nothing economically to encourage kids to stake out on their own. Moving to a different city in pursuit of a job is unlikely to be worth the financial risk over keeping the job you have near enough to your parents and living without room or board expenses. That would have to be one hell of a good paying job to justify a move.
- aianus 12y agoPretty much my whole graduating class is shipping off to San Francisco immediately. The pay is literally 3x more than you can get in Canada and everything but the rent is cheaper.