The Housing Crisis: People Moving Back In With Their Parents

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  • เผยแพร่เมื่อ 21 ก.ย. 2024
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    The Housing Crisis: People Moving Back In With Their Parents
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ความคิดเห็น • 448

  • @jjbuckner
    @jjbuckner  23 วันที่ผ่านมา +6

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  • @avalonnite9179
    @avalonnite9179 23 วันที่ผ่านมา +110

    That’s a nice mom… Be grateful you have parents because some of us are missing one or both parents.

  • @Garage23
    @Garage23 23 วันที่ผ่านมา +181

    In this economy? No shame, do what you gotta do to get ahead and if that's moving back in with parents to save up, so be it.

    • @helena3631
      @helena3631 23 วันที่ผ่านมา +5

      i moved in since 2018 way before 2020 i am 39 now i am in nyc for reference

    • @goyam2981
      @goyam2981 22 วันที่ผ่านมา +5

      Right now it's more cost-effective to live with someone and share expenses for sure. My brother is a medical doctor living with my parents. He helps take good care of them. No shame if you're not wasting your life and making yourself a complete burden to your parents.

    • @jadecom6
      @jadecom6 17 วันที่ผ่านมา

      @@goyam2981 "No shame if you're not wasting your life and making yourself a complete burden to your parents." This!

    • @betsylynnvedrine3784
      @betsylynnvedrine3784 17 วันที่ผ่านมา +1

      And voluntarily assist with paying some of my parents bills, clean house hire yard work etc.

  • @sidehustlevikki1066
    @sidehustlevikki1066 22 วันที่ผ่านมา +65

    I’m 34 and moved back home a year and a half ago. BEST DECISION EVER. My parents do charge me rent so it’s not like I’m mooching off of them or getting a free ride. Although I HATE loosing my independence it’s been a blessing. I have paid about $15k in debt, increased my credit score by 100 points, and saved $15k cash. I know it’s not a lot but when I move out it will be a lot easier bc I’ll have a really great safety net.
    MOVE BACK HOME IF YOU CAN

    • @deejelly1208
      @deejelly1208 18 วันที่ผ่านมา +5

      Agree! I make 90K but have 2 kids. I moved back home about 3 years ago and have been saving and paying off debt. I too pay my parents rent but it is still a huge savings for us.

    • @sandysmith71
      @sandysmith71 13 วันที่ผ่านมา +1

      Awesome! Good work ! Keep it up

    • @sandysmith71
      @sandysmith71 13 วันที่ผ่านมา

      @@deejelly12089 0 grand a year and you still living at your parents three years later and are not debt free yet ? You obviously had too much debt and still have not cut your costs enough

  • @jayjax1556
    @jayjax1556 23 วันที่ผ่านมา +100

    In the past, it wasn’t uncommon for two or three generations to live together. Great grandparents and grandparents used to help take care of the children, while the parents worked. My neighbors are doing this now. The great grandma watches the grandkids during the day, takes the older ones to school and picks them up, while the parents and grandparents work. The grandparents will turn 50 this year and the great grandma will be 70.

    • @blikewat3r
      @blikewat3r 23 วันที่ผ่านมา +18

      💯 this! We have lost our way through indoctrination. People should ask themselves WHY they think living away from their families and all the costs associated is better. Is it even a thought of their own or is it something they’ve heard time and time again from others? Most seem to be playing a game of monkey see/monkey do. It doesn’t make financial/social/work and life balance sense so unless there is another legitimate reason like bad family dynamics, then it’s most likely that they’re just doing it because they’ve been programmed to think this way and they never dared to question it.

    • @eliotness107
      @eliotness107 23 วันที่ผ่านมา +12

      The best daycare you can get for your kids is grandma. Thats someone you love and trust

    • @Foxy_bbb_b
      @Foxy_bbb_b 23 วันที่ผ่านมา +6

      I know several Grandmas who like to spend time with grandkids but feel taken advantage of for daycare and when they need help? They have been turned down by those same people who want free daycare from them. I wish the younger generation respected the grandma’s time too

    • @pm2886
      @pm2886 23 วันที่ผ่านมา

      ​@@Foxy_bbb_b That's insane ... sorry. There's no greater privilege or honour, than taking care of your grandkids.

    • @josiegraham2591
      @josiegraham2591 23 วันที่ผ่านมา +2

      If you get along it’s good idea that way you can save

  • @PenDragonKinz
    @PenDragonKinz 23 วันที่ผ่านมา +107

    I’m 23 years old, and a homeowner. I have the amazing honor of doing the reverse of what this video is about: my parents are moving in with me during a tough time for them. My dad is a disabled vet dealing with cancer, and now that my husband and I are established in our own place, my parents are able to move in with us while they househunt for a home nearby, instead of throwing money away on rent (which is more than our mortgage in our area!). They’ll bring three of my siblings with them and will be helping with the differences in the utility and grocery bill for adding 5 people to our household, but I wouldn’t dream of charging them rent because I know they’d work out the same deal with us if we had a need and the situation is reversed. I am so grateful that the sacrifices my husband and I made enabled us to help my parents, who provided so much for me, during this time. ❤

    • @melissaguevara724
      @melissaguevara724 23 วันที่ผ่านมา +10

      This is so beautiful! Bless your heart!

    • @randellprice3259
      @randellprice3259 23 วันที่ผ่านมา +6

      Way to go man! Lots of ppl wish they could do that for their parents. Need more people like you. ❤

    • @ThunderStruck94660
      @ThunderStruck94660 23 วันที่ผ่านมา +9

      Far from normal. Your parents frankly kind of suck to put all that on you. I am a disabled vet and I have 3 of my 5 kids still at home (22,20,19). I actually feel sorry for you.

    • @SashaEllie-zc4ql
      @SashaEllie-zc4ql 22 วันที่ผ่านมา +1

      What an amazing thing to do

    • @goyam2981
      @goyam2981 22 วันที่ผ่านมา +4

      My brother is a medical doctor and he lives with my aging parents in their house. He helps take good care of them. His wife is a nurse and she can draw blood samples for them right at the kitchen table. It's more what you make of it.

  • @ShlongDong-v4y
    @ShlongDong-v4y 22 วันที่ผ่านมา +22

    Paying $1400 a month just to take a dump in your own toilet....

    • @NINJAxBACON
      @NINJAxBACON 10 วันที่ผ่านมา +1

      First shit in my own house was a core memory

  • @nosleeptv6461
    @nosleeptv6461 23 วันที่ผ่านมา +41

    I tell myself I don’t still live at home with my father at 30. We are simply roommates.

    • @Namedeeznuts
      @Namedeeznuts 22 วันที่ผ่านมา

      Invest that dough!

    • @kevinjennings2956
      @kevinjennings2956 18 วันที่ผ่านมา +6

      Depending on how much you pay it's the truth

  • @Millerj2450
    @Millerj2450 17 วันที่ผ่านมา +156

    High interest rate causes house market declining, less people are buying houses. more empty comericial buildings are converted into residential condos wich results in rental declining.After covid, more people are working at home, artificial intelligence technology has eliminated many office jobs, and commercial buildings are vacant and converted into apartments.

    • @Lucas-t5w4n
      @Lucas-t5w4n 17 วันที่ผ่านมา

      With rates climbing like never before in ’23 coupled with uncontrollable inflation, and our own mortgage at now 7.5% what are the best alternatives/strategies for avoiding a crunch and maximize my $200k savings other than moving in to an RV with my two kids and wife.

    • @WillFred-g7g
      @WillFred-g7g 17 วันที่ผ่านมา

      You are not alone we can no longer afford our mortgage, husband wants us to travel or relocate/I am proposing cashing in, walking away and renting while putting the rest in the stock market.

    • @SarahBrown-h7n
      @SarahBrown-h7n 17 วันที่ผ่านมา

      I believe that for the market to normalize, there must be a minimum 40% decline in home prices. It is advisable that you get advice for appropriate portfolio allocation from a knowledgeable advisor if you are unsure about purchasing a home. That's how I've managed to survive for the past five years and accumulate about $1 million in investment returns.

    • @MaryWilliamson-h2o
      @MaryWilliamson-h2o 17 วันที่ผ่านมา

      I would be happy to hire someone with a good reputation. How can I locate and thoroughly check them? We started thinking about the concept because we have a family lawyer who has periodically mentioned fiduciaries and we know how valuable they are.

    • @SarahBrown-h7n
      @SarahBrown-h7n 17 วันที่ผ่านมา

      Jessica Lee Horst a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

  • @rnupnorthbrrrsm6123
    @rnupnorthbrrrsm6123 23 วันที่ผ่านมา +35

    In this economy it may not only be beneficial for the adult kids but it may be a financial relief for the parents also. If everyone is working, contributing to the household, respecting boundaries and gets along then I think it can be a blessing.
    I 100% agree with you !

  • @nioxa5421
    @nioxa5421 23 วันที่ผ่านมา +24

    My mom is to old to live alone anymore 😂😂😂 back together again

  • @jennb225
    @jennb225 23 วันที่ผ่านมา +55

    Nothing wrong with it at all especially in my culture. Don't let other people's opinions on your life have an effect on you. Pay them no mind because they aren't paying your bills.

  • @jessicathompson236
    @jessicathompson236 23 วันที่ผ่านมา +44

    Depends on culture. In my culture it's common to live with family even as adults.
    Grandparents generally own the place then the parents and grown kids pay towards the bills and household. Everyone has their place.

    • @houstontexas5486
      @houstontexas5486 21 วันที่ผ่านมา +2

      Huh??? What does culture have to do with anything what about using common sense or doing what you gotta do??? Culture??? Please

  • @Delflorpadem
    @Delflorpadem 20 วันที่ผ่านมา +10

    I moved home 10 years ago bc I got diagnosed with a chronic autoimmune disease that severely affected my life. I’m a single mom, 34, so I’m grateful that I can be here. There’s no shame in living at home. I’m a black American, my family in Mississippi all still live together as does the majority of the world. People don’t move out until they’re married in other countries, so I don’t see anything wrong with it.

  • @Michaelkilp
    @Michaelkilp 23 วันที่ผ่านมา +83

    Investing puts money to work. the only reason to save money is to invest it, wise spending is part of wise investing And it’s never too late to start.

    • @Aprilweaverr
      @Aprilweaverr 23 วันที่ผ่านมา +2

      I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or crypto and stocks.

    • @Paulvaluska
      @Paulvaluska 23 วันที่ผ่านมา +1

      You're right, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Matthew Roszak, has been an amazing experience.

    • @DianaGai
      @DianaGai 23 วันที่ผ่านมา +1

      ​@@Aprilweaverr most people fail to understand that living a Life without passive income isn't worth much except trying to pay off debts and loans.

    • @Timothypridgenn
      @Timothypridgenn 23 วันที่ผ่านมา +1

      Wow. I'm a bit perplexed seeing Matthew been mentioned here also Did not know he has been good to so many people too this is wonderful, I'm in my fifth trade with him and it has been super.

    • @Jerryfranc
      @Jerryfranc 23 วันที่ผ่านมา +1

      I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 40, I am thrilled to share that my passive income exceeded $100k in a single year for the first time. This success reinforces the importance of the advicmonth e mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

  • @etboyd04
    @etboyd04 23 วันที่ผ่านมา +29

    I know that people are laughing at the guy, but so many of us miss being taken care of when we get sick.

    • @RyChOr2005
      @RyChOr2005 23 วันที่ผ่านมา +11

      I never really put much thought about this until now, but when I'm sick I like to be left alone until I'm better. I think I just hate being a burden to anyone, even if that someone wants to help.

    • @eliotness107
      @eliotness107 23 วันที่ผ่านมา +3

      Thats why we get marrried because then you will have someone that will take care of you when your down bad and you can return the favor aswell

    • @THETHIRDL2009
      @THETHIRDL2009 23 วันที่ผ่านมา +3

      ​@@eliotness107marriage is dead. These days trusting someone is impossible.

    • @closer20jc
      @closer20jc 16 วันที่ผ่านมา

      Same for sure. Take care of me by giving me peace and solace ​@@RyChOr2005

    • @daughterofmagick3867
      @daughterofmagick3867 15 วันที่ผ่านมา +1

      I legit called my mom the first time I got food poisoning... She told me good luck she was getting on a plane haha. But when I felt awful and I was by myself all I wanted was my mommy ❤

  • @luck9837
    @luck9837 23 วันที่ผ่านมา +46

    F society norms, if you can live with your parents Do it!

    • @jadecom6
      @jadecom6 17 วันที่ผ่านมา +2

      As long as you are contributing.

  • @pernellwalker8420
    @pernellwalker8420 23 วันที่ผ่านมา +27

    Nothing is wrong with doing what you have to do as long as you’re contributing and getting your finances in order. Absolutely no shame in being financially responsible.

    • @THETHIRDL2009
      @THETHIRDL2009 23 วันที่ผ่านมา +2

      It's crazy people consider it a joke to live at home with your parents but its financially responsible living on your own collecting government checks.

    • @pernellwalker8420
      @pernellwalker8420 22 วันที่ผ่านมา

      @@THETHIRDL2009 or even making massive credit card debt trying to rough it out on your own

  • @ericbergman7546
    @ericbergman7546 23 วันที่ผ่านมา +263

    Real estate, especially housing, is generally seen as a stable investment that appreciates over the long term. Property values tend to increase with inflation, making it a good hedge against rising prices

    • @christopherherbert2407
      @christopherherbert2407 23 วันที่ผ่านมา +1

      Investing in rental properties can generate passive income through rent payments. If managed well, this income can cover mortgage payments and other expenses while also providing a steady cash flow.

    • @cherylhills3227
      @cherylhills3227 23 วันที่ผ่านมา +1

      Real estate allows investors to leverage their investment by using borrowed money to buy property. This can amplify returns, but it also increases risk if property values decline.

    • @EthanWalter-wn3mk
      @EthanWalter-wn3mk 23 วันที่ผ่านมา +1

      Real estate investment comes with several tax benefits, including deductions for mortgage interest, property taxes, and depreciation. These can significantly reduce the overall tax burden for investors.

    • @PaulWard-nr5rj
      @PaulWard-nr5rj 23 วันที่ผ่านมา +1

      The real estate market is cyclical, and values can fluctuate depending on economic conditions. Investors should be prepared for potential downturns and have a long-term strategy in place.

    • @PaulWard-nr5rj
      @PaulWard-nr5rj 23 วันที่ผ่านมา

      Investing in real estate often requires a substantial initial investment, including the down payment, closing costs, and ongoing maintenance. This can be a barrier for some investors, particularly in high-demand markets.

  • @PhenoMikally
    @PhenoMikally 23 วันที่ผ่านมา +23

    No age is too old!! If you’re not responsible to contribute that’s wrong.

  • @JoyceMuller-xv6kh
    @JoyceMuller-xv6kh 23 วันที่ผ่านมา +227

    I'm planning to buy properties cheaply during a potential housing crisis when I sell a few houses in 2025, but as a backup, I've been thinking about purchasing stocks; however, I've read about trading earnings exceeding $500k each week while also hearing that the market is out of control and experiencing a dead cat bounce-what advice do you have for timing the best buying opportunities, and why does this discrepancy in market conditions exist?

    • @DorahJack
      @DorahJack 23 วันที่ผ่านมา +2

      Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days.

    • @AriaLockwood
      @AriaLockwood 23 วันที่ผ่านมา +1

      You’re not doing anything wrong; you simply lack the expertise necessary to make money in bad market. In this difficult circumstances, only really skilled experts who witnessed the 2008 financial crisis can expect to generate a large rate.

    • @AlexYoung-21
      @AlexYoung-21 23 วันที่ผ่านมา

      Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

    • @AriaLockwood
      @AriaLockwood 23 วันที่ผ่านมา

      My CFA, Desiree Ruth Hoffman, is a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @DorahJack
      @DorahJack 23 วันที่ผ่านมา

      Thank you for this tip. I must say, Desiree appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

  • @shanada2432
    @shanada2432 23 วันที่ผ่านมา +19

    I was 24 when I got married and we lived in my parent’s basement for 7 years before we were able to buy our first house I was 32 when we moved out in 2016. That was the best start our family could have ever had!❤
    Edit: you don’t have to struggle in a bad apartment in a questionable part of town by yourself or with five or six extra roommates just to tell yourself this is what I have to go through so I won’t ever have to go through this again. That is ridiculous! If you have the help to live a better life do that especially if you know that your life is not going to be forever with your parents or with the help that you’re receiving don’t move out and throw money away in renting when you don’t have too.

  • @elnoraabduqadir2297
    @elnoraabduqadir2297 23 วันที่ผ่านมา +19

    Calling mom was hilarious. 😅

  • @Barada73
    @Barada73 23 วันที่ผ่านมา +11

    I moved back in with my parents back in 2020, at 47 years old; but not because I was in any sort of financial trouble (I was actually doing really well financially at the time). It was at my parents' request because they're both in their 70s with serious health issues and they were raising my three nephews (their grandkids). One of the nephews had joined the Army and moved out, but the other two were still living there (one was still in high school at the time, but has since graduated). So, I moved back in to take some of the pressure off of my parents and to try to push my nephews out of the house to go live on their own. Which is not that easy in this current economy.

  • @lianalonge1984
    @lianalonge1984 23 วันที่ผ่านมา +8

    It will be a cold day in hell before I move back to my mom’s. 😂

    • @jjbuckner
      @jjbuckner  23 วันที่ผ่านมา +2

      🤣🤣

  • @SashaEllie-zc4ql
    @SashaEllie-zc4ql 22 วันที่ผ่านมา +10

    Never too old in my opinion. Let’s help out this generation instead of making them feel worse than I’m sure they already feel in these hard times.

  • @kortyEdna825
    @kortyEdna825 12 วันที่ผ่านมา +5

    I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

    • @KaurKhangura
      @KaurKhangura 12 วันที่ผ่านมา +3

      Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

    • @Justinmeyer1000
      @Justinmeyer1000 12 วันที่ผ่านมา +2

      Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.

    • @NoorJari406
      @NoorJari406 12 วันที่ผ่านมา +2

      This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.

    • @Justinmeyer1000
      @Justinmeyer1000 12 วันที่ผ่านมา +1

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

  • @lizacopeland2388
    @lizacopeland2388 21 วันที่ผ่านมา +5

    You never stop being a mother or father even when your kids are grown.

  • @thelastboomer9088
    @thelastboomer9088 23 วันที่ผ่านมา +13

    25 and that depends on the individual’s contribution to the household. If they are laying around using resources but not helping clean, cook, take out trash, or even something as simple as not turning off lights not being used, then 18 or high school graduation plus 90 days. In previous multi/generational households, everyone made a contribution.

  • @Jake-Day
    @Jake-Day 23 วันที่ผ่านมา +21

    I have a large house with 3 separate living areas, entrances and kitchens etc.
    I think my kids should absolutely live with me as long as possible and stack that bread. The key would not to become a crutch for them. They’re teens now… so we’ll see.

  • @michaelwillis5814
    @michaelwillis5814 23 วันที่ผ่านมา +7

    I really don't understand this generation. If you're staying with your parents, it's supposed to benefit you financially. This means you should save and invest your money and live well below your means. If you're not doing this, it's a wasted opportunity that you will regret.

  • @tmriley04
    @tmriley04 23 วันที่ผ่านมา +6

    You have loving parents. Don't take them for granted.

  • @asiaa__denice
    @asiaa__denice 23 วันที่ผ่านมา +15

    shout out to the folks who have no home to go back to - you may have to grind 10 times harder and ride out the waves but you've got this 🙏🏽 head up, many blessings to come.

  • @David-bz1ou
    @David-bz1ou 23 วันที่ผ่านมา +9

    The most frustrating part of dating was always dealing with parental restrictions that made it impossible to have a girl over.

  • @CAGChannel1
    @CAGChannel1 23 วันที่ผ่านมา +4

    Reason : help,with two severely disabled younger sisters. I am beyond grateful for my adult daughter being here. You never know what families are going through and the “whys” of family situations.

  • @user-wm3vo9uw3n
    @user-wm3vo9uw3n 23 วันที่ผ่านมา +8

    Don't leave your folks unless you have to. ❤

  • @johnrosa9985
    @johnrosa9985 23 วันที่ผ่านมา +15

    Nothing wrong with staying home. I encourage my kids to stay with me as long as possible ❤ I would have them pay rent and put their money away until they're ready to leave

    • @tayross97
      @tayross97 23 วันที่ผ่านมา +3

      Most people that stay at home are less motivated (because they have less ‘problems’), and oftentimes spend that extra money on things they don’t need or can’t afford (trips, cars, cloths etc)

  • @OUFan2
    @OUFan2 23 วันที่ผ่านมา +8

    The best way to get out of your parents house is to learn a good trade. While I was in college I worked my butt off. I learned the Electrical Trade and the Heating and Air Conditioning trade and became a contractor in both trades. I worked 7 days a week for at least 10 hours a day for several years, to take care of my wife and kids. I then was able to hire employees and life became easier. You must have a good work ethic and learn a good trade, or start a business, or take your skills and good work ethic and find a good job. There is no other way nowadays. I am 74 now and retired. May God Bless all of You.

  • @triciafrank8582
    @triciafrank8582 23 วันที่ผ่านมา +7

    Culturally, it is normal for many. I moved out at 17, but wished I would have had a better home to stick around during college in and started out in debt. I hope to help my kids not start that way. People need to do whatever helps them and their family. You do you, boo. Don't judge.

  • @kmforward3808
    @kmforward3808 23 วันที่ผ่านมา +7

    Love the call to your mom - miss talking to my mom and grandma ❤

  • @HarryKamal-c4d
    @HarryKamal-c4d 21 วันที่ผ่านมา +3

    There is no shame. I am a 40 something Japanese person and my parents and us we live in the same house. I also know an Indian family there the whole family including grandparents live in one house together! I think the idea of you have to move out when you are 18 and start your life is too much in these times.

  • @FLking727
    @FLking727 23 วันที่ผ่านมา +7

    Moms response is great 🤣🤣

  • @nickm.3836
    @nickm.3836 23 วันที่ผ่านมา +4

    Always call your folks! That interaction. Was. Hilarious! 😂 Cheers! 🍺

  • @ChrisMesrine
    @ChrisMesrine 23 วันที่ผ่านมา +3

    There’s is not enough jobs that make above $35-40/hr . This is legal slavery , debt jail, forced homelessness, forced Eunic life

  • @mq3177
    @mq3177 22 วันที่ผ่านมา +3

    I graduated nursing school at 26 in 1996 and I knew, without my parents actually telling me, that I had to move out. I was scrambling for a decent paying 1st job and landed one out of state 2K mi away. My dad made it very clear, non verbally , that I had to find work and move out ASAP.

  • @OliverLiam-px3vx
    @OliverLiam-px3vx 23 วันที่ผ่านมา +86

    I'm eagerly anticipating a potential housing crisis to make affordable purchases after selling some properties in 2025. I'm also thinking about investing in stocks as a backup plan. Any advice on the best timing for these investments? I've seen substantial trading profits, but there are worries about the market's instability and the possibility of a dead cat bounce. Can you explain why this market phenomenon happens?

    • @ChloeCarter-kd7gz
      @ChloeCarter-kd7gz 23 วันที่ผ่านมา

      Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days.

    • @EricaWaters-lr6zw
      @EricaWaters-lr6zw 23 วันที่ผ่านมา

      You're not making mistakes; you just don't have the know-how to profit in a tough market. In such challenging times, only highly experienced individuals who went through the 2008 financial crisis can anticipate making significant profits.

    • @AshleyKeith-vw7ws
      @AshleyKeith-vw7ws 23 วันที่ผ่านมา

      Lately, I've been thinking about reaching out to consultants for advice. I'm at a stage where I could benefit from some guidance, but I'm uncertain if their services would truly be beneficial.

    • @EricaWaters-lr6zw
      @EricaWaters-lr6zw 23 วันที่ผ่านมา

      Desiree Ruth Hoffman, my CFA, is well-respected in her field. I suggest delving deeper into her qualifications. With her extensive experience, she serves as an invaluable asset for those seeking guidance in the financial market.

    • @ChloeCarter-kd7gz
      @ChloeCarter-kd7gz 23 วันที่ผ่านมา

      Thank you for this tip. I must say, Desiree appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

  • @hello_Tam_here
    @hello_Tam_here 23 วันที่ผ่านมา +5

    My son was 17 and up all night pacing the floor with ear pain. We were all out of pain reliever. He didn’t want to wake me up. I told him that’s the time to wake me up. lol. I did go buy him ibuprofen at 6am, took him to the dr at 8am, he had an ear infection.

  • @jessicathompson236
    @jessicathompson236 23 วันที่ผ่านมา +7

    You have a good pair of parents dude

  • @pm2886
    @pm2886 23 วันที่ผ่านมา +10

    The woman in the pink shirt saying living with parents doesn't help you get a rent history ... WTF? Renting isn't a flex either! It's the opposite.
    Many young people stay at home to save a down payment, precisely so they never have to rent. They win.

    • @jjbuckner
      @jjbuckner  23 วันที่ผ่านมา +2

      Yea, solid point. Not having to pay rent would deflect me from moving out a bit longer as well. 👍

    • @KayFabe87
      @KayFabe87 20 วันที่ผ่านมา +2

      It’s not meant to be a “flex”. It is a way of building a credit and rental history to establish that the individual has a track record of paying on time and is less of a risk to a property owner than someone with no rental history.

  • @CatarinaFitensityWorkouts
    @CatarinaFitensityWorkouts 23 วันที่ผ่านมา +10

    Millennial here yeah. I moved away when I was 17 yo and it was so easy to live....now 20 years later....like not even with double the salary

  • @CatarinaFitensityWorkouts
    @CatarinaFitensityWorkouts 23 วันที่ผ่านมา +16

    It's too old when you have a real and serious partner

  • @alanreed647
    @alanreed647 23 วันที่ผ่านมา +12

    depends on the culture, and thier economy.here in the Dom. Rep. alot of times they never move out, and build a little casita on top of the mamas house when they get married.brace yourself
    america thats where your headed, due to needs.

    • @maritzagrandison5472
      @maritzagrandison5472 23 วันที่ผ่านมา +3

      Well said, in Country is the same..😂😂😂

  • @zilla66
    @zilla66 23 วันที่ผ่านมา +4

    My son went the traditional route like I did and started with a crappy job. After a year doing that, he decided to give TH-cam a go. I bought him a killer rig about 5 years ago to get started. He has been very successful , has his own apartment, and saves a ton of money. I think kids need to look at other ways besides the slow climb.

  • @tommyg5261
    @tommyg5261 23 วันที่ผ่านมา +6

    Young people can't find jobs or the jobs the get don't pay enough to afford to live. Not everyone can move back in with parents, myself included.

  • @krunchyapples
    @krunchyapples 9 วันที่ผ่านมา +1

    Not being able to date because you are forced to live at home due to the economy is like a one-two gut punch and getting kicked in the balls simultaneously

  • @DrtyDiesel
    @DrtyDiesel 22 วันที่ผ่านมา +2

    Your mom is wholesome lol.

  • @laquan3661
    @laquan3661 23 วันที่ผ่านมา +7

    Agreed. Don't be lazy and have an exit plan.

  • @deeringkendrick8388
    @deeringkendrick8388 23 วันที่ผ่านมา +3

    Mom was quick to throw out the Jack Daniels card.

  • @fudogwhisperer3590
    @fudogwhisperer3590 23 วันที่ผ่านมา +5

    To me living with your parents there has to be an exit plan. If I was a parent, it would be a certain amount of time and have to show savings as a result. This wouldn't be so they could take a trip to Europe with the savings. This would be to buy a car or down payment on a house or some other investment.
    I bought my first house when I was 25. I was able to do that because of working hard during my teen years and had a down payment saved up.

  • @myfinancialjourney1
    @myfinancialjourney1 22 วันที่ผ่านมา +1

    "Nah mom don't say that, everyone is going to think I have a drinking problem"
    4 minutes later
    "It was a wild job, we were drinking beers on the job at 8am"
    hahahahaha! Love ya JJ!

  • @kathleennece715
    @kathleennece715 23 วันที่ผ่านมา +3

    All 6 of us kids left home at age 18. Our choice. We all just thought that was expected. We all did fine. I’m 77 now, youngest brother is 64.

    • @getrightconstruction1342
      @getrightconstruction1342 23 วันที่ผ่านมา

      Yeah now it is our turn and your generations seems to have screwed it all up

  • @angelbrown8764
    @angelbrown8764 18 วันที่ผ่านมา +2

    If you're under 30 there's nothing wrong with still living with your parent's.

    • @lukamilas8648
      @lukamilas8648 10 วันที่ผ่านมา

      Over 30 only if you’re directly contributing and single. If you’re married, you should never think about moving in with your parents.

  • @thoresf
    @thoresf 23 วันที่ผ่านมา +4

    Personal opinion never should be ashamed to live with your parents it might be a waste of money for your future to move out and rent or buy a home

  • @KayFabe87
    @KayFabe87 20 วันที่ผ่านมา +3

    People who continue to live with their parents into adulthood tend to never develop the “muscle” for self reliance or the motivation to achieve anything that will enable them to thrive independently or to support a family of their own. They simply atrophy into permanent dependency, living like perpetual teenagers.

    • @betsylynnvedrine3784
      @betsylynnvedrine3784 17 วันที่ผ่านมา

      I understand your point.

    • @chargedattack3559
      @chargedattack3559 12 วันที่ผ่านมา

      I see that in my friend group. My buddies that still live with family at almost 24 have very childish mindsets versus my girlfriend and me. They don't realize how much it actually costs to live. However, they have been able to save. It's all give and take. We're all playing the hands we've been dealt y'know?

  • @Maddie-lv5sg
    @Maddie-lv5sg 14 วันที่ผ่านมา +1

    I am 68, I have never seen anything like this economy. I see no reason multiple family members can not live together.

  • @elmobolan4274
    @elmobolan4274 12 วันที่ผ่านมา

    When I was young, I worked as a receptionist, lived in a 701sq ft apartment by myself, in a very good neighborhood. Once I paid my rent and bills, I had more than enough money to save. Sad that this world is gone due to complete greed by our government and corporations.

  • @QueenPenKen
    @QueenPenKen 21 วันที่ผ่านมา +1

    Awwh your mama a real one! ❤❤❤ She
    kept it 💯!! Lmao J.J hope you call her more often on the show!!! 😅😊❤

  • @Romeolmoore55
    @Romeolmoore55 16 วันที่ผ่านมา +3

    We are on survival mode now.

  • @failingartist3524
    @failingartist3524 21 วันที่ผ่านมา +2

    At least it better than a guy suggesting people to live in the hood to save money

    • @KayFabe87
      @KayFabe87 20 วันที่ผ่านมา

      Definitely. You are not really “saving” by having your stuff and your money stolen regularly, not to mention the inherent overall risk to your safety. Not worth it.

  • @kstayblessed
    @kstayblessed 4 วันที่ผ่านมา

    The young lady that said she have financial freedom, and can quit a job if she wanted to is very blessed. I hope she is contributing good money to her parents household. Alot of people will never or have never been able to go back to their parents or parent home. I have been out on my own since 18 years old. I have nobody to fall back on, but I hate the thought of being envious or jealous of an individual who can. I hope the best for everyone. I know I am very rare in this evil world.

  • @Mr.hyde1886
    @Mr.hyde1886 10 วันที่ผ่านมา

    I'm 26 and about to leave the military to move back home. I put off making the phone call for a week because
    I felt like I was a failure, even after doing all the research on the economy and knowing just how bad things are.
    Sometimes you just have to step back to go forward again, especially now. We don't live in the same times we grew up in.

  • @jessicathompson236
    @jessicathompson236 23 วันที่ผ่านมา +12

    14:53; She was saying that even though they are poor, they are not struggling because they stick together and help each other out. You latched onto an example, but skipped the whole point. Why struggle as individuals if you don't have to when instead you can pool resources together as a family and keep each other afloat? Why live with strangers and give strangers your hard earned money instead of family?

    • @THETHIRDL2009
      @THETHIRDL2009 23 วันที่ผ่านมา +2

      I think of the bits of her how she claimed being lazy and relying on them for food and stuff. That part just sounded bad. Just quitting your job just because its stressing you out? Is quite entitled

    • @jessicathompson236
      @jessicathompson236 21 วันที่ผ่านมา +1

      ​@@THETHIRDL2009 ,She said that she could be. Not that she is currently. It's a matter of being stable and surviving together vs struggling alone. (While still having to be living with someone else regardless)
      So let me ask you this, would you rather pay to help keep your Grandparents and family afloat or would you rather be paying some strangers mortgage+?

    • @THETHIRDL2009
      @THETHIRDL2009 18 วันที่ผ่านมา +1

      @jessicathompson236 oh no I completely understand I still live with my dad. Or course I'd rather help my family. It was the phrase of how she said it. I wasn't saying it's not good idea.

  • @djnormal3910
    @djnormal3910 23 วันที่ผ่านมา +3

    I know a man thats in his mid 40s that still lives in moms basement for 20+ years! I think thats sad.

    • @getrightconstruction1342
      @getrightconstruction1342 23 วันที่ผ่านมา

      How much have you put away in the bank?

    • @KayFabe87
      @KayFabe87 20 วันที่ผ่านมา

      Beyond sad. A complete loser.

  • @japanesecinema6736
    @japanesecinema6736 23 วันที่ผ่านมา +5

    I heard the economy was booming...

  • @maximussilverstacker3928
    @maximussilverstacker3928 23 วันที่ผ่านมา +2

    Moved out my parents house 1985 I was 23 living with my fiancé , things didn’t work out but it’s a lot easier to break up when you’re not married ! My mom called and said if you want to come back home you can ! So I did just paid them rent until i got married in 1990! Things were wayyyyy more affordable then .

  • @LetsBeReal360
    @LetsBeReal360 23 วันที่ผ่านมา +4

    If you go to college you are already financially doing better than most. This generation does not understand what poor is. They are complaining about living a good life, but not the best life. It takes years to get there, regardless each generation had their issues.

    • @Mr.hyde1886
      @Mr.hyde1886 10 วันที่ผ่านมา

      I just feel like being able to afford a 1 bedroom flat shouldn't be a massive ask for somebody starting out

  • @KiezaDS
    @KiezaDS 9 วันที่ผ่านมา

    Bros mom is super chilled lol God bless her

  • @anniealexander9616
    @anniealexander9616 23 วันที่ผ่านมา +3

    I used to have a coworker who was 70 and still lived with his Mom.

    • @HappyTraditionalWife
      @HappyTraditionalWife 23 วันที่ผ่านมา +2

      Probably taking care of her..not sponging off her like the younger generations..entitled and lazy

    • @KayFabe87
      @KayFabe87 20 วันที่ผ่านมา

      Loser

  • @vickiewilkins1579
    @vickiewilkins1579 23 วันที่ผ่านมา +3

    Let's build a family compound and work together.

  • @camerons6466
    @camerons6466 22 วันที่ผ่านมา +3

    🤷‍♂️You got to take care of your parents
    eventually🤷‍♂️

  • @joer769
    @joer769 21 วันที่ผ่านมา +1

    I moved out at 17,, bought my first house at 21.. Things were a little different in the 70's...

  • @brandonroberts8721
    @brandonroberts8721 23 วันที่ผ่านมา +3

    Funny how the world works and this is your video topic this week. I will be moving back into my parents house at 36 years old early next year, however it’s because they are moving out of the country for my dad’s job for two years and I will be watching the house. I will be paying internet and utilities while they are an ocean away. Definitely taking advantage of this time to save over 2k a month and building that down payment. I’ll also be selling my car to cut down on expenses, as they have three here for me to pick and choose from and even a 35’ RV that I will have to start up from time to time 😂. It will be a lot of work .5 acre lot. So yard maintenance will be a hassle. But the overall long term outlook will allow me to be in a better place once this is all said and done. Like one of the individuals said in the video, it isn’t a problem if there is a purpose to why you’re moving “home”.

    • @jjbuckner
      @jjbuckner  23 วันที่ผ่านมา +1

      What an opportunity! Take full advantage of it!

    • @brandonroberts8721
      @brandonroberts8721 22 วันที่ผ่านมา

      @@jjbuckner Yes sir, will do! 👍

  • @Sweaty_Potatoman
    @Sweaty_Potatoman 3 วันที่ผ่านมา

    Your mom sounds great bro, keep the great videos coming lol

  • @snake0911
    @snake0911 19 วันที่ผ่านมา +1

    In Asia, it’s normal for a guy or girl to live with parents until marriage. Imagine how much money one could save vs being “independent” living by yourself in the US.

  • @tuttuttut7758
    @tuttuttut7758 22 วันที่ผ่านมา +5

    “Is it the parents fault”
    Yes. Yes it is. They are enablers. Sure, help your kids out. But treating it like a hotel and not doing anything is not doing anybody any favors

  • @HappyTraditionalWife
    @HappyTraditionalWife 23 วันที่ผ่านมา +1

    19 years if you raised independent children. I moved out at 16 and supported myself 💯

  • @AnimalFarm341
    @AnimalFarm341 21 วันที่ผ่านมา +1

    People used to stay with their parents/extended family until they got married. Even then one spouse might move into the other family’s home.

  • @BREEZYM6015
    @BREEZYM6015 23 วันที่ผ่านมา +4

    Man, I thought I was making $60k a year at $28 an hour. Disappointing. Actually, I'm fine with what I make.

  • @b3rs3rk3rz2
    @b3rs3rk3rz2 22 วันที่ผ่านมา +1

    I lived in my car for about 3 almost 4 months until I was able to put money towards an apartment. . . . An still would choose my car over going back to living with my mom ever again

  • @CristinaEvans-w2m
    @CristinaEvans-w2m 23 วันที่ผ่านมา +1

    I wish I had a mum like yours…. But I do love my mum too 😊❤I left home at 15 years old 😢

  • @Avsfan23
    @Avsfan23 23 วันที่ผ่านมา +1

    I work a full-time job and graduated college a few months ago. I live at home so I can save money for Grad school. I have stuck to that and have saved quite a but so far. My parents are really nice to let me live there rent free for the time. This is helping me so I'll have low debt out of grad school. I don't give a RATS ASS what girls think of me right now. Most girls my age date guys who are older and have more money. Those guys had to suffer through being poor, too, while they made something of themselves. Dating is the LEAST of my concerns right now. I'm trying to make something of myself.

  • @sarawilliam696
    @sarawilliam696 11 วันที่ผ่านมา +4

    Housing prices likely won’t drop significantly until supply increases. The U.S. is short millions of housing units and isn’t building fast enough. Demand remains high, and even a small dip in prices attracts many buyers. I’m looking to buy affordable houses in September and maybe invest in stocks. When’s the best time to invest in stocks? Some say it’s profitable, but others warn it’s risky. Any advice?

    • @foden700
      @foden700 11 วันที่ผ่านมา +3

      Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.

    • @KaurKhangura
      @KaurKhangura 11 วันที่ผ่านมา +2

      Having an investment advisor is the best way to go about the stock market right now. I used to depend on TH-cam videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

    • @carssimplified2195
      @carssimplified2195 11 วันที่ผ่านมา +2

      Could you recommend your advisor? I'd appreciate some help.

    • @KaurKhangura
      @KaurKhangura 11 วันที่ผ่านมา +1

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @carssimplified2195
      @carssimplified2195 11 วันที่ผ่านมา +1

      I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @1Meepman
    @1Meepman 20 วันที่ผ่านมา

    I'm 24 and just about to start my second semester of my ABSN program. I still live with my parents so this is basically my ticket (assuming I pass) to actually nab a good salary and finally feel like an adult. Insane how you have to sacrifice your soul for the few jobs that don't pay peanuts.

  • @SharonSullivan-q2k
    @SharonSullivan-q2k 9 วันที่ผ่านมา

    My mom moved in with me a few years ago, i think we will see a lot more of that because nobody can live off of social security. So get ready a lot more people will be camping with parents.

  • @carmenhealer4635
    @carmenhealer4635 6 วันที่ผ่านมา

    In 1979 my husband lived with some guys. His bed was plywood over the kitchen sink. Just do it.

  • @gmachlin
    @gmachlin 23 วันที่ผ่านมา +11

    Invest in Bitcoin before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.✳️✳️

    • @isttaattat
      @isttaattat 23 วันที่ผ่านมา +1

      Many new tra-ders struggle without proper guidance. I found success through James Clark's expertise.

    • @WinniAltieri
      @WinniAltieri 23 วันที่ผ่านมา

      James Clark's market insights have consistently led to profitable decisions.

    • @bayhunter6
      @bayhunter6 23 วันที่ผ่านมา

      I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?

    • @AudricEnriquez
      @AudricEnriquez 23 วันที่ผ่านมา

      Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.

    • @semendx
      @semendx 23 วันที่ผ่านมา

      From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

  • @sandbar3000
    @sandbar3000 22 วันที่ผ่านมา +1

    Im 49. I can't move back in with my parents because my parents are deceased and I do not have adult children even though i'm old enough to have a 32 yr old kid. I do not have kids and I also do not have brothers and sisters. And everybody I know has their own family and everybody I know lives 25 miles south of me.
    The fact is, if you are born in this country, if you are a u s citizen and if you are white, so maybe you were born here and you're not an illegal immigrant, you are not a priority in this country that is the sad truth, and the mainstream media is not covering this

  • @rodemates
    @rodemates 23 วันที่ผ่านมา +2

    Where I live you'd need to be making 60k a yr to live alone. On a beans and rice kind of lifestyle.

  • @macbrazzle754
    @macbrazzle754 23 วันที่ผ่านมา +2

    I moved out at 18 after senior year in high school

  • @gimcrack555
    @gimcrack555 23 วันที่ผ่านมา +1

    I was 21 before I left the nest. It took me long enough to get a real job. A job that I can sustain a livable wage. But I did pay rent to my parents after I turn 18.