Re:58% of Americans are living paycheck to paycheck – includ...
by kradeelav on Tuesday June 28, 2022 @09:14AM
(#31907249)
Disclaimer that it's a spectrum, so what's true for one family isn't true for another.
But yes, historically a large proportion of WASP (White Anglo-Saxon Protestant) families in the US are very individualistic, and of the mindset that once when you graduate college, (barring a grace year or two), you're expected to rent/own your place. Apartments exist as a place that are more affordable than condos or homes. Inheritance exists, but that's considered as only a "when the oldest generation dies" sort of thing.
I do find this trend feels like it dovetails with a greater percentage of estranged kids/adults, and isolation for the oldest generation. Quite a lot of estrangement is necessary; this isn't a judgement on that choice, merely commenting there may be more friction under the surface leading to that mindset.
I mention the first line because (quasi-) immigrant families (like mine) are a lot more of your mindset. Makes far more sense to save, and there's less cultural taboo with multi-generation households.
But yes, historically a large proportion of WASP (White Anglo-Saxon Protestant) families in the US are very individualistic, and of the mindset that once when you graduate college, (barring a grace year or two), you're expected to rent/own your place. Apartments exist as a place that are more affordable than condos or homes. Inheritance exists, but that's considered as only a "when the oldest generation dies" sort of thing.
I do find this trend feels like it dovetails with a greater percentage of estranged kids/adults, and isolation for the oldest generation. Quite a lot of estrangement is necessary; this isn't a judgement on that choice, merely commenting there may be more friction under the surface leading to that mindset.
I mention the first line because (quasi-) immigrant families (like mine) are a lot more of your mindset. Makes far more sense to save, and there's less cultural taboo with multi-generation households.
some raw data: https://www.boredpanda.com/young-adults-moving-from-parents-...