Stay with your parents, or rent?

lisyloo

We didn’t get along.
My parents are now divorced and I’m estranged from my mother.

Her behaviour was unacceptable in terms of manipulation, betrayal but there are others who experience much worse.

My point is that it’s not an option for everyone and independence isn’t just a throw away cliche for those escaping abuse.

Sunshinesally

As someone who had no choice but to leave home at 16 I would say if you have a loving family stay at home! My personal feeling is that renting is a complete waste of money and I totally begrudge lining the pockets of greedy 2nd home owners which in turn pushes the house prices up.

I was extremely lucky to be able to buy a house aged 21 because the early 2000's was the time of Northern Rock 100% mortgages. I didn't need a deposit and the house prices were going up by 1-2k a month. More than I could ever save.

My own son is now 16 and I selfishly hope he never leaves home! Of course in time he will but he has the opportunity to do his A-levels, go to uni or college, travel the world, get a good career behind him that he actually enjoys. He has so many more opportunities than I did.

Sorry waffled on a bit!

PixelPound

It's a very subjective question, often tainted by people's own experience. To some they couldn't stay at home even if they wanted to, and in some cultures you are expected to stay at home whilst still single. The OP has their own bias as even after editing the preference is to move out with it okay to stay at home if you are saving but not for other reasons.

Is this question supposed to be about people staying at home longer that before or is it about house buying? If your aim is to save for a deposit for a house, then staying at home can obviously help that - but it can depend on a lot of factors, such as location, family, and relationships. If you get on with your family, the house is in the right location for work and personal relationships allow it then why not.

Some people see renting as money wasted that could be used for savings, yet not everyone wants to buy. When you are starting out on a career, location can be important. It is possible to get a job locally that meets what you need, but do you geographically restrict your searching because you are at home? Renting gives more flexibility to move where the job is, if you are prepared to move.

triathlon

If you have not left home before 25 then there are some serious issues with you, I would not have my daughter marry a man who was 28 and having never left home

lisyloo

triathlon wrote: »

If you have not left home before 25 then there are some serious issues with you, I would not have my daughter marry a man who was 28 and having never left home

Does your daughter not get free will in the matter? (Although I feel the same way about hanging on the apron strings)

PixelPound

triathlon wrote: »

If you have not left home before 25 then there are some serious issues with you, I would not have my daughter marry a man who was 28 and having never left home

So your daughter is still at home? Or is it okay for a daughter to stay at home but not a son?

triathlon

nic_c wrote: »

So your daughter is still at home? Or is it okay for a daughter to stay at home but not a son?

Went to Uni and then when finished stayed at my home for 2 months because I made her and then moved in with friends in a rental in Wimbledon

Sanne

It’s such a cultural thing as well - for me it was always clear I’d move out and rent as soon as I could, as most people did. But then, I’ve grown up in a country where you don’t expect to move out from home and buy immediately and where renting isn’t seen as a waste of money.

silvercar

I wish my children had stayed at home for longer, but they both wanted to get on with their lives by moving out and renting more centrally than commute. I still hope they may come home for a time, but doubt it will happen.

Herzlos

If you can handle living with your parents, get on and live near enough to work? Go for it. Saving up for your own place is a lot easier when you're not paying out full whack for rent/bills/utilities. Even paying digs + a share of bills will be a lot cheaper living at home.

triathlon wrote: »

If you have not left home before 25 then there are some serious issues with you, I would not have my daughter marry a man who was 28 and having never left home

I think the serious issue lies with you. You're projecting a huge amount of... inadequacy I think is the appropriate term. Who cares if someone still lives at home at 28? (before you accuse me of being on the defensive, I left home at 19 to go into 2nd year of uni).



I'd hope your daughter could date and marry anyone she wanted.