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.

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

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