Because of the rising cost of housing, many young people are increasingly being forced to live with their parents into their 30s. Do the advantages outweigh the disadvantages.

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All around the world,
the
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apply
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accommodation has become less affordable. Due to
this
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price surge, many young people now have to remain in the family
home
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well past 30. While
this
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can sometimes be beneficial,
this
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essay will discuss why it is ultimately a negative trend. 
This
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development can offer a number of advantages, both to children and to their
parents
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. The main one is financial. Buying a property, or even renting one, is becoming prohibitively expensive.
As a result
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, a new homeowner is often faced with unmanageable mortgage payments. By living at
home
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longer, young people avoid paying rent and
thus
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save money, allowing them to build a place of their own without crippling debt. From the
parents
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' perspective, there are
also
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benefits. They may enjoy having their child around for company or extra help with household chores. For some families,
this
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extra time together can strengthen the bonds between generations.  The downsides,
however
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, outweigh the benefits. It can have negative financial implications for
parents
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, particularly those who have retired or are planning to retire. Rather than providing for just one or two people,
parents
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with adult children at
home
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often have to support them as well, resulting in increased costs for utilities
such
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as water and electricity. Even if the child contributes towards the upkeep of the house,
this
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is unlikely to compensate fully for the expenses. Another issue is that in societies like Australia that value independence highly,
parents
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may
also
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feel a sense of failure. The longer scion must stay with their
parents
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, the slower they will grow up.  In conclusion, as the cost-of-living soars, children may continue to live at
home
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longer. Even though
this
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may enable them to save money, the situation tends to have more problems than benefits, especially for the
parents
Use synonyms
Submitted by Abdalhammedsadoon15 on

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  • such as
  • namely
  • to illustrate
  • take, for example

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