When did apartment prices increase so dramatically?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is why two of my adult children live at home. Sure they could get an apartment together, but why should they pay $1200 each to live in an apartment when our house is open and available. Instead they are saving and should have a good nest egg when they are ready.

Yes, it's so nice to live at home in your 20s. Who wants to pay utilities, clean the house, cook, buy groceries, fix the home, pay insurance, or internet service AND worry about adulting, when you can just live at home. LOL.

They can help out with all this while living at home. In today’s economy it makes sense to stay at the parents’ home while they can.

What if they want to bring a date / boyfriend home and ——

Hard pass for me when I was that age! We lived with roommates and it was fun and affordable

Parents allow it apparently.. Beginning in college. Afterall, they’re adults.

Nope, not in our home. We are not a hotel and no we will not allow them to play 'house' either. They can move out and do that else where if that's what they want to do...

At that age I moved out and lived with roommates.

Not sure why this generation is refusing to do that and want to stay in the "comfort" of home... Is it a parent issue enabling these young adults???

[Anonymous]

Prude

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is why two of my adult children live at home. Sure they could get an apartment together, but why should they pay $1200 each to live in an apartment when our house is open and available. Instead they are saving and should have a good nest egg when they are ready.

For the obvious reason that many times the parents have their home in a shitty location for young people.

If you own a nice apartment in Manhattan or a home in Dupont Circle...that's a different calculation...but if you live in Nokesville, VA, well that sounds like hell for most young people.

I didn't even know a place like 'nokesville' existed -- even the name evokes the most red neck fly over jefferson davis place known to man.

😂 pretty sure you're not wrong

pp here

i still haven't google mapped where 'nokesville' is. i'm too scared it'll infect my computer with the ghosts of jeb stuart

a mom from nokesville should not be posting here unless she does research before hand. Her question on why apartment prices are up and then posting from nokesville....she should've researched housing cost dynamics before coming here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’ve never had a roommate.

Is moving out and living on your own simply not a thing ?

I mean I’m 40 and everyone I knew had roommates downtown in DC in our 20s. It was fun!

Moving out? Most of us went to college and then got apartments with our friends. I never moved into my parents house as an adult.

I agree...but I remember many kids from Manhattan who in fact just moved back into their old bedrooms and saved some major $$$s before moving out on their own (either renting or buying). One friend just lived at home and bought a little Hamptons bungalow instead.

It matters tremendously where the parent homestead may be. The same kids would never have moved back home if their parents lived in Westchester or LI or NJ.

[Anonymous]

Anonymous wrote:While my 24-year-old son is looking forward to moving out, the cost of a one-bedroom apartment in Woodbridge starts at $1,600, which is higher than our monthly mortgage payment.

The high cost of buying a home pushes people into renting. The increase in demand for renting pushes the prices up for apartments. It stinks.

My Gen X boss with a home worth almost a million has a mortgage payment equivalent to a 2 bd 2 brd apt in the Montgomery County area.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’ve never had a roommate.

Is moving out and living on your own simply not a thing ?

I mean I’m 40 and everyone I knew had roommates downtown in DC in our 20s. It was fun!

Moving out? Most of us went to college and then got apartments with our friends. I never moved into my parents house as an adult.

Same. I'm seeing a pattern. Too many parents don't want their children to move out and will use any excuse to justify them not leaving home (them) be it a control thing or a fear thing. Adulting is too hard. Rent is too high. Too much crime. They will have no money. I feel better when they are at home.
They are 10 years old forever in their parents' eyes. Then they they wonder why at 29/30/35 their baby is still a baby.

Accurate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is why two of my adult children live at home. Sure they could get an apartment together, but why should they pay $1200 each to live in an apartment when our house is open and available. Instead they are saving and should have a good nest egg when they are ready.

Yes, it's so nice to live at home in your 20s. Who wants to pay utilities, clean the house, cook, buy groceries, fix the home, pay insurance, or internet service AND worry about adulting, when you can just live at home. LOL.

They can help out with all this while living at home. In today’s economy it makes sense to stay at the parents’ home while they can.

What if they want to bring a date / boyfriend home and ——

Hard pass for me when I was that age! We lived with roommates and it was fun and affordable

Parents allow it apparently.. Beginning in college. Afterall, they’re adults.

Nope, not in our home. We are not a hotel and no we will not allow them to play 'house' either. They can move out and do that else where if that's what they want to do...

At that age I moved out and lived with roommates.

Not sure why this generation is refusing to do that and want to stay in the "comfort" of home... Is it a parent issue enabling these young adults???



lol

Oh wow.
Most allow their adult kids GF/BF to come over and shack and play house.

Think there was a whole thread on this .. Ehh

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is why two of my adult children live at home. Sure they could get an apartment together, but why should they pay $1200 each to live in an apartment when our house is open and available. Instead they are saving and should have a good nest egg when they are ready.

Yes, it's so nice to live at home in your 20s. Who wants to pay utilities, clean the house, cook, buy groceries, fix the home, pay insurance, or internet service AND worry about adulting, when you can just live at home. LOL.

They can help out with all this while living at home. In today’s economy it makes sense to stay at the parents’ home while they can.

What if they want to bring a date / boyfriend home and ——

Hard pass for me when I was that age! We lived with roommates and it was fun and affordable

Parents allow it apparently.. Beginning in college. Afterall, they’re adults.

Nope, not in our home. We are not a hotel and no we will not allow them to play 'house' either. They can move out and do that else where if that's what they want to do...

At that age I moved out and lived with roommates.

Not sure why this generation is refusing to do that and want to stay in the "comfort" of home... Is it a parent issue enabling these young adults???



lol

Oh wow.
Most allow their adult kids GF/BF to come over and shack and play house.

Think there was a whole thread on this .. Ehh

No way I would like my kid's boyfriend or girlfriend move in. That would drive me nuts. If they are old enough for a live-in companion, they are too old to live at home.