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Reply to "Rental costs for young adults moving out"
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[quote=Anonymous]My DS graduated last year and is living at home. DS has several friends from college who are from the DMV and are working in the area. They are all living at home. His co-workers who are recent grads and grew up here are all living at home. The only young people he knows who are living on their own are people who moved here after graduation from college. DS makes $85K and can afford to live on his own. But because so many of friends are at home, there is not a lot of peer pressure to move out. While he's at home, he's maxing out his 401K - he already has over $10K in it and he doesn't get matching with his employer yet. He's buying company stock options and he's putting an additional minimum $1K a month into a savings account. Basically pretending he is paying rent. [/quote]
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