In recent times many people are making the decision to live alone. What are the causes and effects on society?

These days, more and more individuals are keen to live by themselves. Several reasons are contributing to
this
phenomenon, which proves rather advantageous to our
society
. To elaborate, owing to the strong economies that developed nations are experiencing, youngsters are now able to afford their own places.
For instance
, high-paying jobs are now allowing young professionals to acquire leases without too much paperwork. In the past, affording a lease individually was something
people
could only dream of. Another reason is that individualism is becoming increasingly popular and
thus
,
people
are now choosing to live by themselves rather than share accommodations.
That is
, mainly due to new cultural advancements, city inhabitants no longer enjoy large households as they used to in the past. Interestingly enough, these decisions are having positive effects on
society
's growth. Newly graduates,
for example
, are becoming economically self-sufficient in very short periods of time, which results in a more mature
society
.
This
is a positive effect because kids learn how to live independently and achieve their goals more easily.
Furthermore
,
society
's economy gets greatly benefited from more
people
living alone.
That is
because not only more taxes are being paid by more individuals but
also
the real state industry can expand its income thanks to the aforementioned trends. To conclude, many factors take part in
people
's decision to live alone. Kids now want their privacy respected and
thus
, no longer want to share their place with others. Because of
this
, more and more
people
are paying rent and
thus
, a country's economy rises.
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