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Reply to "When did apartment prices increase so dramatically? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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.[/quote] [b]For the obvious reason that many times the parents have their home in a shitty location for young people.[/b] 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.[/quote] Very true. We live in the Suburbs and only see young kids or elderly couples.... no 20s something living here.[/quote] I live in the exurbs and many of my empty nest neighbors' children have moved back in. [/quote]
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