I wish this was our problem. Of course, there should be no shame in living with your parents. But it should be out of free will, and here in the Netherlands sadly that isn’t the case for many. Our housing market simply doesn’t offer affordable housing options. For many young people the only option is a rental apartment that will cost you so much, that if you can afford it at all, you can forget about ever saving any money. Which means that you’ll effectively be stuck in this situation forever. Which is an option to consider, but meanwhile those who can afford to buy a house, because of rich parents or whatnot, they have a far better deal, often even paying less on a monthly basis, while at the same time their house increases in value. It’s a major dividing factor in our society, separating the rich from the poor. Of course staying home is another realistic option to consider, and more and more people make this choice, but only for lack of a better option. The real tragedy is of course when staying at home is also not a realistic option. A fucked-up housing market makes the vulnerable all the more vulnerable.
this is basically what it’s like in america… including the infuriating fact that people’s mortgage payment on a home is usually less than rent… but the man won’t give you a home loan so you’re endlessly a wage slave and paying rent.
landlords even brag about how smart they are by paying their mortgage directly with the rent… like they have a free house hack… forgetting that someone is forced to pay to live….
the only good way to beat it i know is to buy a foreclosure home for cheap and fix it up… but even then you need a good chunk saved up and it’s risky
I wish this was our problem. Of course, there should be no shame in living with your parents. But it should be out of free will, and here in the Netherlands sadly that isn’t the case for many. Our housing market simply doesn’t offer affordable housing options. For many young people the only option is a rental apartment that will cost you so much, that if you can afford it at all, you can forget about ever saving any money. Which means that you’ll effectively be stuck in this situation forever. Which is an option to consider, but meanwhile those who can afford to buy a house, because of rich parents or whatnot, they have a far better deal, often even paying less on a monthly basis, while at the same time their house increases in value. It’s a major dividing factor in our society, separating the rich from the poor. Of course staying home is another realistic option to consider, and more and more people make this choice, but only for lack of a better option. The real tragedy is of course when staying at home is also not a realistic option. A fucked-up housing market makes the vulnerable all the more vulnerable.
this is basically what it’s like in america… including the infuriating fact that people’s mortgage payment on a home is usually less than rent… but the man won’t give you a home loan so you’re endlessly a wage slave and paying rent.
landlords even brag about how smart they are by paying their mortgage directly with the rent… like they have a free house hack… forgetting that someone is forced to pay to live….
the only good way to beat it i know is to buy a foreclosure home for cheap and fix it up… but even then you need a good chunk saved up and it’s risky