Тёмный

Parents paying for your groceries? Totally normal | About That 

CBC News
Подписаться 3,6 млн
Просмотров 92 тыс.
50% 1

A survey from the Pew Research Center suggests 44 per cent of adults aged 18-34 in the U.S. received financial help from their parents in the past year, including for basic expenses like groceries. Andrew Chang explains that while financial independence, even for those in their 30s, may feel out of reach, this isn't the first time young people have leaned harder on their families.
»»» Subscribe to CBC News to watch more videos: bit.ly/1RreYWS
Connect with CBC News Online:
For breaking news, video, audio and in-depth coverage: bit.ly/1Z0m6iX
Follow CBC News on TikTok: bit.ly/3TnHioe
Follow CBC News on Twitter: bit.ly/1sA5P9H
Find CBC News on Facebook: bit.ly/1WjG36m
Follow CBC News on Instagram: bit.ly/1Z0iE7O
Subscribe to CBC News on Snapchat: bit.ly/3leaWsr
Download the CBC News app for iOS: apple.co/25mpsUz
Download the CBC News app for Android: bit.ly/1XxuozZ
»»»»»»»»»»»»»»»»»»
For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.

Опубликовано:

 

26 фев 2024

Поделиться:

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист
Посмотреть позже
Комментарии : 617   
@timeverson728
@timeverson728 3 месяца назад
The home ownership dream for many is already crushed.
@trinity6180
@trinity6180 3 месяца назад
They have to figure out another way. My 26 year old grandson, his wife and two children are currently in negotiation for a house. They got turned down by the seller a few weeks ago. This week the seller called and asked if they are still interested. The deal hinges on repairs that need made. My grandson is a barber and his wife stays home. How are they doing this? At the start of lockdowns they moved in with my daughter. Why? He splits salon space with my daughter. It was the best way they could all pay their bills including that salon rent. My husband and I loaned the money to reopen and meet health requirements. That has been paid back. While that was going on, his older brother and his daughter moved in with me, my husband and disabled son. Since then he got off unemployment by calling his employer daily begging to work even though his unemployment was more than his pay. He has now gone from labor to running multiple projects for another company that heard about him. He is now making over 100K and companies keep coming to him. He has a high school diploma and these job usually require and engineering degree. My husband and I are on a fixed income retired. Prior to leaving work to care for my disabled son I refinance my house for a low mortgage payment. My first house in the 80s carried a 15% mortgage. Both my husband and I came from poor families and spent decades figuring it out in what ever economic situation we were in. This generation can too. Life is not easy.
@srj92jose
@srj92jose 3 месяца назад
We don't want any handouts from parents. Gatekeepers and the system are keeping young poor.
@martymcfly1776
@martymcfly1776 2 месяца назад
Back in my day we had unemployment insurance for young people that were 'between jobs', and we had welfare for young single moms. We didn't have people living in tent cities in our major cities. Once upon a time we actually cared about each other's other welfare. Now we kick homeless people out of their tents in the middle of winter in Edmonton when it's -50.
@dangal9366
@dangal9366 20 дней назад
​@@martymcfly1776 I'm confused. Are you being sarcastic? Do we not still have unemployment insurance and welfare? I have several people in my family that are homeless. They had government subsidized apparemments at ridiculous low rents and they all got welfare. They all started doing drugs. Stopped paying their bills. Stopped paying rent. All of the welfare money went to drug dealers and after over a year of not paying rent they got kicked out and are now on the streets. Any money you give them goes to drugs. 0 goes to food. They only eat what is given to them. They refuse help for their addiction. Now what? Is that billbgates fault? Or Amazon? Or trudeau?
@hillfortherstudios2757
@hillfortherstudios2757 3 дня назад
This is silly. There were always homeless people. Even when Alberta had a negative effective unemployment rate. Plus we have welfare systems that you claimed we dont. ​@martymcfly1776
@martymcfly1776
@martymcfly1776 2 дня назад
@@hillfortherstudios2757 We didn't have large numbers of homeless people like we do now. Also the welfare program at one time supported a huge number of single moms. That was before they decided to make the Dad's pay. That's why nobody gets married any more. Nobody wants to be stuck with supporting a family that no longer includes them. That's why we have to import people to sustain our population. Welfare has never been adequate to support a single person. The reason it worked for single moms was because it was $600 per person. If you had three kids you got $2400/month, which back in the day, was enough to pay rent on a house and buy gas for a car.
@vickisnemeth7474
@vickisnemeth7474 3 месяца назад
If it's so normal for young adults to need support into their 30s, then shouldn't governments have foreseen this and not allowed foster agencies to dump foster kids at 18?
@stelity
@stelity 3 месяца назад
The foster parents can still continue to let them live in their house and support them if they choose to?
@fredflintstone5356
@fredflintstone5356 3 месяца назад
Blame yourself for voting for Trudeau. Not the foster parents. If they are over 18 and still living there then they should be paying their own cost of living still even though it’s cheaper.
@martymcfly1776
@martymcfly1776 3 месяца назад
@@stelity I think that's the issue. People normally have the choice to support or not support their adult kids.
@stelity
@stelity 3 месяца назад
@@martymcfly1776 Once they're 18, they're an adult and they're able to take out loans to go to college or be employed. Yes, NYC is expensive. They still have the option to move to a place that is more affordable. It may be living with a lot of roommates or it might not be in NYC. Also, as mentioned earlier, if they get along with their foster parents, the foster parents may choose to have the foster kid/adult to continue to live with them. I don't think there's a lot of people who will want to support a "foster adult." As an adult, they have access to many government benefits such as SNAP, section 8, etc.
@randomstuff-qu7sh
@randomstuff-qu7sh 3 месяца назад
@@stelity I think they still have the choice, but they no longer get the funding from the government.
@gordonchow2203
@gordonchow2203 3 месяца назад
Translation - Canada will have a heck of a retirement crisis 20 years from now.
@victoriahope8371
@victoriahope8371 3 месяца назад
This is yet another reason to claim you will fully fund old folks retirement via the government then do a 180 and be like oops, I meant to fully privatize retirement. Only give money from the government to the disabled to live on. If you're totally able bodied and can work more than 30 hours a week, then work. Go in on a mansion and have a roommate per bedroom.
@andersnielsen6044
@andersnielsen6044 3 месяца назад
Same in Europe.. That is why it gets so easy for China to take over and become the world leader.. Our western dominance and wealth will dry out all by itself..
@murrethmedia
@murrethmedia 3 месяца назад
We're the first generation worse off than our parents. Well done politicians!
@joseenoel8093
@joseenoel8093 3 месяца назад
Not so... Look at all the divorce now, people couldn't before, as much, my parents did and we all got financially whacked but landed ok now, phew, people marry more now for love like you're supposed to!
@rickyayy
@rickyayy 3 месяца назад
Boomers love it.
@gnostic7
@gnostic7 3 месяца назад
@@rickyayy Oh yeah! Many parents especially, being nothing more than sanctimonious losers who had it all the easy way, love shoving their nonsensical righteousness down their kids' throat when such kids are 'failing in life'.
@Firsona
@Firsona 3 месяца назад
@@joseenoel8093 I think you missed what they were saying. Financially, we're in a much weaker position than the previous generations. Inflation is worse. The amount of money needed to own a home is now far above the average income. It was never in reach for most millennials since that shift happened when most of us were early teens. College is now more than twice as expensive. We hear stories about how our grandparents made it all on their own with one income, worked their way through college with one job and deserved all the tax breaks they got and the lower interest rates on their homes and higher interest rates on their savings. Now, you would have to work a full time job, plus a part time job to work your way through college WHILE going to classes full time, not counting any other expenses like supplies or gas money. So...yay, we can divorce each other...and probably move back in with our parents cause we can't survive on one income. Lord help us if we decided to have children.
@lilblackduc7312
@lilblackduc7312 3 месяца назад
Transfer guilt & responsibility to anyone else in order to take the focus off your own inability to succeed. Lol
@AndyRiot
@AndyRiot 3 месяца назад
I only found out in my 30s that I was the only one in my circle of friends that didn't have any financial support from my family. Everyone else gets money from their parents' monthly, as well as help for things like down payments. It is what it is.
@CommoditySC
@CommoditySC 3 месяца назад
Then theres some of us in our 20s helping our parents out, and other people we know.
@abcdedfg8340
@abcdedfg8340 3 месяца назад
​@@CommoditySCMajority seem to need the help from parents, be thankful you are lucky enough to be in that position.
@AndyRiot
@AndyRiot 3 месяца назад
@@CommoditySC That's really commendable; I see that a lot in other cultures. I'd like to make enough to give back to my family too. It's a wonderful thing to do.
@CommoditySC
@CommoditySC 3 месяца назад
@@abcdedfg8340 Lol lucky. I've been anything but. Do what others wont, live like others can't. Go read for 10-12 hours a day, 5 days a week for 5 years. The other two, have a construction business to support yourself. Spend nothing on leisure while you do this. This will only be step one of doing what others wont. Try this then come talk to me about luck.
@CommoditySC
@CommoditySC 3 месяца назад
@@AndyRiot Born and raised Canadian
@beautanner8409
@beautanner8409 3 месяца назад
Just because it is a norm in other cultures, doesn't mean we should resign ourselves to this. If people want to do this, great - but it should be an option, not a requirement.
@user-by3nd4rm6c
@user-by3nd4rm6c 3 месяца назад
Blame the economy
@rickyayy
@rickyayy 3 месяца назад
Most Asian families stay together till their child marries. It's normal and will be the new norm here too.
@weird-guy
@weird-guy 3 месяца назад
welcome to southern europe and eastern europe 🤣we been doing it for decades
@kathyde1906
@kathyde1906 3 месяца назад
@@weird-guy but now eastern Europe is NOT doing that, cause they have good economy.
@kathyde1906
@kathyde1906 3 месяца назад
@@rickyayy We are not in Asia
@guigram1124
@guigram1124 3 месяца назад
Thank you CBC, I am feeling better now knowing its not just me, its the whole country that has no perspective of future.
@georgekubantsev1432
@georgekubantsev1432 3 месяца назад
you shouldn't be relying on CBC to tell you how to live. And it's not the whole country, 5% at best, so yeah, get your sh*t together.
@abcdedfg8340
@abcdedfg8340 3 месяца назад
Now CBC, dont get all thin skinned, accept the debate, people will disagree, that is democracy, deal with it. This country is being driven into economic ruin and poverty by our housing crisis. Burying our heads in the sands is not going to fix anything. Everyone from seniors, to middle class, to your children will suffer if this continues. You need to allow free and open debate in the comments sections, so people can start getting involved in the building solutions and participating in our democracy to solve this problem and make a more livable Canada. It wont be easy, people will disagree, but it will certainly be better than people being driven to despair and onto the streets in silence. It will be better than couples never being able to have a future their parents hoped for them. It will be better than rents and mortgages consuming half or more of income forcing many people to reduce their necessary daily meals, which is poverty in my opinion. Just my opinion.
@timeverson728
@timeverson728 3 месяца назад
It's a profitable business. Look how much on Wall Street has invested into it. It's even part of our gdp. Who's Canada's second largest farmland owners lol. Paid by the taxpayers outch.
@mistahzeddtheabbasavant5368
@mistahzeddtheabbasavant5368 3 месяца назад
@@abcdedfg8340 exactly! You’re absolutely right! Like this is just not okay.
@leighhoppins9273
@leighhoppins9273 3 месяца назад
Either that or they’re just lazy people. Some people are just lazy and they don’t want to you know be responsible for paying their own bills and owning their own house because they don’t want to have that responsibility to clean it
@ewaste8318
@ewaste8318 3 месяца назад
Canada desperately needs a mean-reversion in cost of living. That's going to literally mean a doubling of wages or a 50% collapse in the cost of living/housing though.
@coyoteblue4027
@coyoteblue4027 3 месяца назад
I want both.
@ThinkPolisComing4Me
@ThinkPolisComing4Me 3 месяца назад
instead you will get DOUBLE the immigration!
@rickystarduster
@rickystarduster 3 месяца назад
neither is likely to happen anytime soon as the more you raise wages the more the cost of living increases. and the more stuff costs. if you think anything is going to come down in price your wrong because all the people setting the prices want to make more money
@ewaste8318
@ewaste8318 3 месяца назад
​@@rickystarduster The likelihood or lack thereof is only a matter of opinion. regarding all your points: - Wage increases don't necessarily translate directly to cost inflation, the two things are related but to which degree fluctuates a lot. - Sellers refusing to sell keeping prices elevated isn't how economics ultimately works. Prices are set at the margins and people that have to sell, will sell, and price discovery will happen regardless.
@Malgnofnik
@Malgnofnik 3 месяца назад
the only way the 2nd thing happens is if the economy tanks similar like the mortgage crisis in the us loooool. with the snails pace at which housing is being built, they're being trickled into the market which won't do anything to lower prices at all. AND ALSO if you have walked along toronto you can see some of the rentals being built advertise "luxury" loooool.
@EricaChavira-on4oz
@EricaChavira-on4oz 3 месяца назад
I’ve been on my own since I was 19/20 and I’m 38 now, I have never struggled so much in my life like I have in the last 2 years, it’s unreal.
@Firsona
@Firsona 3 месяца назад
Feel you. I got divorced recently, and even the one bedroom studio apartments are 1200$, (no utilities, but they have a business room you can rest out once a month with no fee...yay.) Big companies bought up a lot of real estate and are now using it to beggar us. Take home pay around here is only around 1800 ...how are we supposed to live?
@darrinheaton2614
@darrinheaton2614 3 месяца назад
One bedroom studio apts for 1200? What city are you from? In Hamilton you can't rent a studio for under 1600-1800.@@Firsona
@Firsona
@Firsona 3 месяца назад
@@darrinheaton2614 Please also look at the rest of my comment about average take home pay here. The cost of living is lower, but wages are lower.
@annihilationHaven
@annihilationHaven 3 месяца назад
It's self-mastery that separates the external power seekers from the internal power seekers. Those are the two types of powers - the former representing the sub-natural, natural and supernatural world and the latter representing the sub-pragmatic, pragmatic and super-pragmatic world. I don't see how anyone who starts to lever the super-pragmatic power for their own benefit can struggle. In other words, you had better learn this stuff or join a network of people who have at least this much figured out, or else you're always going to struggle, fighting the forces who think they have super-natural powers even though they don't. There are tons of people who I would consider priceless, why would I want to put a price on their heads or labour? Labour comes from culture, not from capital, that's one of the things you find out from the super-pragmatists.
@joeisawesome540
@joeisawesome540 Месяц назад
Really? The last few years have been great. Got a house before I turned 30, and each month I put away 2-3k in savings. Brand new cars. Life is good.
@LiveInnerCity
@LiveInnerCity 3 месяца назад
with the rising cost of living, it's no surprise young adults are seeking support from their parents
@ThePeterDislikeShow
@ThePeterDislikeShow 3 месяца назад
I bet such arrangements drive down wages too, because you have people who are willing to work for spending money rather than bills.
@abcdedfg8340
@abcdedfg8340 3 месяца назад
​@@ThePeterDislikeShowI would guess that the tax cuts for the rich by reagan starting in the 1980s and the stagnation of middle class wages for decades until now has more to do with it. But you may want to read on that yourself.
@andersnielsen6044
@andersnielsen6044 3 месяца назад
But it is wrong that the parents are supporting their young adult family members.. It is the reason why it is getting worse and worse !
@Thedailynews69
@Thedailynews69 3 месяца назад
Watch our population see severe decline, all while immigration increases within the next 10 years. I presume most of these 25-34 year olds have no children and based this small data set, this will not be happening if you live at home, at least not willingly. This is an issue thats not spoken enough - long term, the Canadian identity may be lost.
@Its_like_the_T-Rex
@Its_like_the_T-Rex 3 месяца назад
I'm 39. In the past 10 years, the people I know who bought a house (ages 25-38) ALL had parental assistance. One friend was gifted $40,000 from her dad. Another friend moved back home rent free to save a down payment, another friend still lives with her parents at 34 and bought a house that she rents out and makes income from. Another friend inherited her parents house after her mom died. I haven't seen a single millennial purchase a home, pay for college and be living on their own despite making above $80,000 a year. Rent and student loans and 2006-2008 cost of living debt kept me from saving and now rent eats up almost all my savings. I'm considering van living while making $82,000/year so I can save some money.
@rickyayy
@rickyayy 3 месяца назад
Is 82k considered good income or low to middle class?
@darkmage728
@darkmage728 3 месяца назад
​@@rickyayy Middle class maybe 15 years ago.
@weird-guy
@weird-guy 3 месяца назад
Nothing new in my country some parents (40+) only have houses because parents gave them land, got financial help or the other solution was migration to better paying eu countries this for poor and lmiddle class people
@dlyras
@dlyras 3 месяца назад
I moved out when I turned 18. Didn't receive a single dime from my parents. I rented rooms in peoples houses for many years. First room I ever rented was so small that the wardrobe was in the hallway because all you could fit in the room was a single bed. I changed jobs often, slowly gained experience and higher paying jobs. I saved, I invested, I did some side hustles, and 20 years later I was a millionaire. Like you, most of my friends received help from parents. Some still do. I have an older cousin who's father in law casually just paid off his home, and he spoke about it like it was normal. They have no idea what its like to wonder where your next meal will come from. Van living is tough, especially in winter, but it all depends how baldy you want to get ahead. The worst part of it though? Nobody is impressed when you do it on your own.
@Pierre-ld5oj
@Pierre-ld5oj 2 месяца назад
@@rickyayy 80k 10 years ago was upper middle class, now it's lower class. Like 100k you were rich and now if you make 100k after taxes it's 60k and after rent you have 35k after car and insurance 20k now add grocery + elec + water + phone + interet bill you got maybe 6-8k and im being generous.. Now you have savings, vacation + clothes + pharma. You save maybe 5k a year. Needing to buy a 500k small house it will take decades.
@menguardingtheirownwallets6791
@menguardingtheirownwallets6791 3 месяца назад
Canada is so screwed; millions of young Canadians are going to run out of Canada to America just so that they can afford to buy a house of their own, something that is just not possible in Canada anymore.
@BeaverZer0
@BeaverZer0 3 месяца назад
Go look at house prices in the US. They have doubled in 10 years. Lol. You will be just as homeless there too. And you will also need to buy your family health insurance, it averages about $20k+ /year for a family of 4 with full coverage.
@HungerSTR1KE
@HungerSTR1KE 3 месяца назад
US people can't afford homes, either. We have a very low housing supply.
@user-ld6wo4rv8h
@user-ld6wo4rv8h 3 месяца назад
America isn't much better.
@hharry3179
@hharry3179 3 месяца назад
Try Ecuador, it seems like an good place according to an American youtuber couple who fled there due to America's rising cost of living.
@lucysnowe31
@lucysnowe31 3 месяца назад
The US has a massive housing crisis AND an illegal migration crisis. Coming here is no better. Canada is just farther along the same road we're on. Why come here and live through the replay?
@iguess2739
@iguess2739 3 месяца назад
5:48 "our landlord increased our rent by $7,000 per month" = $9,500 total. INSANE
@starlight312
@starlight312 3 месяца назад
I wanna know what they're renting in the first place to cost that much!
@EricaChavira-on4oz
@EricaChavira-on4oz Месяц назад
At the place I’m at now, if you go month to month after your lease is up, it goes to over $6,000 to rent a place per month. So I wouldn’t doubt it, honestly, nothing surprises me anymore.
@emilielamarre6708
@emilielamarre6708 3 месяца назад
I own a home for the past 20 years. If I would rent today, could not afford it. I don't understand how the youth will be able to rent an appartment or buy a house!
@guigram1124
@guigram1124 3 месяца назад
Every aspect of Canadians lives got worse in the last 8 years...
@momtur4875
@momtur4875 3 месяца назад
wait till pp get in he wants to privatize healthcare old age will be 67 cut programs
@doitalldan5326
@doitalldan5326 3 месяца назад
@@momtur4875 we need to cut programs and privatize more, as this government is incompetent with money, and all governments pay too much for the same products private companies get.
@DaKrawnik
@DaKrawnik 3 месяца назад
Much longer.
@nasseq
@nasseq 3 месяца назад
@nik and we all know private healthcare is a bastion of affordability. Just don't look at our neighbours to the south 🤡
@mikeb5664
@mikeb5664 3 месяца назад
It was the pandemic.
@pattihutton5195
@pattihutton5195 3 месяца назад
I have nieces and nephews that I regularly drop off care/food packages to and some grocery cards. But i drop off food packages to them 😢
@EricaChavira-on4oz
@EricaChavira-on4oz Месяц назад
That is so sweet of you! They are lucky to have someone like you in their life! ❤
@Generic321
@Generic321 3 месяца назад
My current dilemma: Stay in Canada and have no access to healthcare and retire poor vs move to America make triple my salary while working in healthcare. I love Canada (born and raised) but staying here feels like financial suicide.
@TheNewSchoolGamer
@TheNewSchoolGamer 3 месяца назад
I understand your sentiment, many of my friends have recently left Canada due to lower wages, lack of job opportunities and the high cost of living
@sunflash101
@sunflash101 3 месяца назад
I just turned 31 and I make 158k base + STI/LTIs and while I make enough to have all my essential needs met, I can't justify many luxuries in life or feel like I can buy a forever home. If I were to move to the Texas, I'd be making at least 30% more with lower COL and lower barriers to a dream home... If it weren't for family proximity and my partner not wanting to live in the US, I would have long left this barren country.
@C_Masi
@C_Masi 3 месяца назад
Yep exactly. I am considering moving to the US now too. I feel like its a really dumb decision to stay in Canada anymore. I am over it.
@nancyneyedly4587
@nancyneyedly4587 3 месяца назад
I'm curious how you believe you "have no access to health care" in Canada? Also, you do realize this is happening all over the world right? Cost of living has increased everywhere, salaries aren't what they were 20 years ago, housing costs up. It's not just Canada, try watching news from other countries.
@user-ld6wo4rv8h
@user-ld6wo4rv8h 3 месяца назад
@@sunflash101 Then move there. Don't let the door hit you on the way out.
@barbarahenn-pander5872
@barbarahenn-pander5872 3 месяца назад
I’m curious about the “roles” everyone plays in these homes where “kids live at home into their 20’s and 30’s”. I definitely feel for the upcoming generation with the cost:income ratios. I’m in favour of parents taking 30% of kids income for rent, and having them pay for food, gas, etc but also pitching in equally for cleaning, cooking, house maintenance etc. We are enjoying this with our sons: I only cook and do dishes twice a week, they help with our ridiculous mortgage payment, and at the end of all this know how to manage their money, how to manage a household, and do laundry properly. Wins on all sides. 👍 Super interesting video. Thank you!!
@jerseypup
@jerseypup 3 месяца назад
As someone who was at home until 30, I didn't pay any bills apart from anything I did myself, but I did cook a lot, mostly because I consider myself the better cook.
@ricagalang6482
@ricagalang6482 3 месяца назад
My son is 30 yo. We share all the expenses. We live a simple life to make life easier to both of us.
@7Write4This9Heart7
@7Write4This9Heart7 3 месяца назад
As someone who still lives at home at almost 31, my two siblings, too, also adults, I pay $500 for rent, $45 for phone bill, $66 for the year for Netflix/Nintendo (we all share it), and any groceries that are only mine, etc. My siblings pay the same (sis only pays $200/mo 'cause she works for the military and is basically never home). Parents don't let us pay for anything else, though we do offer (and SOMETIMES, they let us, lol)! It can work!
@bostonblackie9503
@bostonblackie9503 3 месяца назад
People use to live in three generational homes. Wasn't that long ago!
@TheWalamala
@TheWalamala 3 месяца назад
correct the fukin 30s wasnt that long ago....
@shellylaventure7724
@shellylaventure7724 3 месяца назад
They did it for love and tradition, not because of employed poverty.
@FitChickGlows
@FitChickGlows 3 месяца назад
We can call it the modern day Co-op. Or the modern day Commune done family style. Pooling resources in order to get ahead. This may need to be the new normal. Either that or move to Europe or the U.S. ya’ll cause Canada is determined to make the Middle Class poor. And politicians want to turn their lazy blind eyes instead of stop this “raping” of the economy by the Housing Market and Landlords. We will be looking at a Depression sooner than we think.
@liljes34
@liljes34 3 месяца назад
We should go back to that. Its healthy to have your family around to help you.
@Firsona
@Firsona 3 месяца назад
@@FitChickGlows Not sure I'd look to the us. The rent on a studio apartment here was 1200$ when I was looking a few months ago, (That doesn't include utilities.) Average monthly income for my state is around 1800$.
@giggle1971
@giggle1971 3 месяца назад
Andrew is the only CBC personality I can tolerate
@TT-fq7pl
@TT-fq7pl 3 месяца назад
I find that he tries way too hard to appear hip and cool. It's embarrassing.
@CrimsonA1
@CrimsonA1 3 месяца назад
In my younger years, I always lived with the fear that I'd be seen as a loser for living with my parents past the age of 20. Despite that fear, I made the decision (thankfully) to stay at home while going to University. Only after finishing my last course, did I decide to move out at 27. For the first 3 months, I stayed with my Aunt, then moved on towards a place with roommates that I could share living costs with. Then the pandemic happened. I had a decent job as a Lifeguard supervisor, only to get phased out by the fact that no one was allowed to go to a pool for long periods of time. If it weren't for the COVID financial stimulus, I would've been forced to move back home. Still living with roommates, as trying to live on my own won't be feasible for the foreseeable future. I might even have to move back in with my mom just to keep myself from going homeless if the global economy doesn't improve. Ironically, my initial fear was blown out of the water by several world-changing events. Living with your parents is not only seen as normal now, but in a growing number of cases, crucial to survival.
@chapman1569
@chapman1569 Месяц назад
You were wise. My kids , 24 and 29 lived at home until last year, I loved it. We have a good relationship with them. They didn't pay us, they saved their money. They moved out, one of them bought a small house with her friend and the other one is living with a friend. I feel fortunate to have wonderfull caring children.
@PraveenSriram
@PraveenSriram 3 месяца назад
I am really extended adolescence since I live at home with my parents at age 40 going on 41!
@diannefitzmaurice9813
@diannefitzmaurice9813 3 месяца назад
We need some kind of price controls. It is not about children remaining adolescent indefinitely, but not being able to get into financially stability because of the length of education and difficult getting good jobs with good incomes that many in that bracket just don't get to at that age given the economy! ! Add to that life circumstances like accidents and illness and the ridiculous greed out there as well as expectations, then it is no doubt that most of those at lower incomes are never able to meet the expectations . You need a different set of criteria for your analysis !
@user-ld6wo4rv8h
@user-ld6wo4rv8h 3 месяца назад
Price controls? lol... you have no idea how the real world works. The root cause of all of this is feminism.
@AellaMaud
@AellaMaud 3 месяца назад
Yes, controls would be great; like no more pre-made coffee to purchase & more than 1 cup of coffee/day, (made at home or work), no more restaurants/takeaways/eating out, (everyone must cook for themselves), no more personal vehicles, (only public transit & bicycles), no more Amazon/online purchases, no more than 1 streaming service,/household, no more than one cell phone/family, (back to landlines), no more than 1 computer/laptop/family unit, (even if unit is divorced/separated), no more gel nails, caterpillar eyelashes/brows, highlights/lowlights, other salon/spa services, no more 5 bedroom/4 bath homes, (because people could share), etc. Yes, there is greed but it may not be where you think the greed is. What if you are the one that is greedy by insisting you need all these wasteful/useless things that don't give you a better life at all? What if the greed lies within?
@marionkorte7801
@marionkorte7801 3 месяца назад
I agree!​@@AellaMaud
@longbeach225
@longbeach225 3 месяца назад
Yes. I think this is why we see so much theft in stores today. People are running on desperate times. Definitely time for price controls.
@roxy372
@roxy372 3 месяца назад
the opposite--young people in their 20s who are supporting their parents--are never talked about. i am 27 but moved back in with my mom at the start of the pandemic. her already precarious financial situation was worsened significantly by covid and have been helping her a lot financially for the past few years, to the point where it doesn't make sense for me to move out on my own bc i can't afford to help her and live somewhere else. when people hear i live at home they always assume i must save so much money and not pay for anything and it's annoying
@djstonge
@djstonge 3 месяца назад
I’m 52 and my Mom gave 40$ for gas to get to work . I feel like i failed in this life .
@LucasOliveira-fl7tt
@LucasOliveira-fl7tt 3 месяца назад
This world we live in is weird/crazy/all wrong - not your fault! Please trust me.
@user-ld6wo4rv8h
@user-ld6wo4rv8h 3 месяца назад
You did.
@user-ld6wo4rv8h
@user-ld6wo4rv8h 3 месяца назад
@@LucasOliveira-fl7tt It is 100% his fault.
@user-ld6wo4rv8h
@user-ld6wo4rv8h 3 месяца назад
@@bobgreenwald1338 No, he's not lol. Successful people don't need $40 to get to work LMAO.
@debbiecreter2005
@debbiecreter2005 3 месяца назад
You did not fail. I’m sure you are already doing things for your mother that don’t require money to help her in return. You are blessed to have each other. Here in the United States and in most other countries prices on everything have sky rocketed. This is a financially difficult time.
@momof1576
@momof1576 3 месяца назад
I think parents and adult kids will have to count each other to make it through this economic crisis.
@sandponics
@sandponics 13 дней назад
My policy is to never rely on anyone but myself, people only use you if you even attempt to help them.
@rebeccasinyard5968
@rebeccasinyard5968 3 месяца назад
In the reverse, parents also moved in with kids. Such a financial squeeze.
@Don-ex5ih
@Don-ex5ih 3 месяца назад
And the house price is going up in high speed.
@inutted4594
@inutted4594 3 месяца назад
What people have to understand is this. You will be able to afford a home but it literally has to be in the country side of Canada. You live in any populated area. You're going to pay two to three times more than what it's worth. I found a house where I grew up on the east coast. It was literally only 73,000 and it's a good house. But the problem is you're 1 hour in each direction from any kind of town. And you were roughly two to two and a half hours from a hospital.
@okrodeo
@okrodeo 3 месяца назад
facts!!! the country is awesome and beautiful. the cities are awful. also… mexxxxicooo!
@silentlee2073
@silentlee2073 3 месяца назад
32 years old, 6 years married and still living with my parents. We wouldn’t be able to survive without their direct help.
@MusicLover-ui9sm
@MusicLover-ui9sm 3 месяца назад
Both of you can work 2 full time jobs Millions of people are doing that Instead of using other people’s money to take care of you
@silentlee2073
@silentlee2073 3 месяца назад
@@MusicLover-ui9sm we both have been doing full time jobs for very many years now since before getting married, supposedly decent pay too. But still not enough in today’s economy.
@EricaChavira-on4oz
@EricaChavira-on4oz Месяц назад
@@MusicLover-ui9smgo away
@wendygardener2316
@wendygardener2316 3 месяца назад
Always appreciate your intelligent perspective!
@Unchainedboar
@Unchainedboar 3 месяца назад
system and social contract are utterly broken, hard work no longer pays off
@candybonhomme5915
@candybonhomme5915 3 месяца назад
My kids had to move back in at 32 after rents went up in Calgary and they couldn't afford food.
@kimmartino5556
@kimmartino5556 3 месяца назад
Love your segments. You really address lots of very important issues with great supporting facts. Thanks for that!
@Wuhlz
@Wuhlz 3 месяца назад
Really bad here in Canada. In America there are places to still buy reasonably priced homes, lots of fixer uppers. In Canada a great deal of the fixer uppers were grabbed up, redone and put back on the market for 4 to 5 times what they are worth. Slapping a coat of paint, installing cheap flooring and sometimes upgrading electrical does not equal a 200k increase in price!
@genuinefreewilly5706
@genuinefreewilly5706 3 месяца назад
We are somewhat spared from the economic dystopia that is widespread. . I know it could be far worse. Navigating all the bureaucracy is draining. I get it If an opportunity shows up, chase it. What else can you do Give your head a shake, Canada is large vacant mass of real estate. Go north drill for natural gas and oil in Alberta, buy property and keep going. Lots of work
@joseenoel8093
@joseenoel8093 3 месяца назад
My neighbours kids, from Montreal, onto Maritimes (mom's from Hlx) back here is one, other moved to states but now in London, Ont. They should know how difficult things were in the past, my kids still here, I tell them if they move they'll trade one set of problems for another. Too much gun violence in the states, that and yummy junk food!
@Wuhlz
@Wuhlz 3 месяца назад
@oel8093 I apologize for putting "Far worse", (fixed it)I should not generalize to that degree as each person has their own situation. Its just rough and frustrating everywhere and I hope your neighbors kids find a good situation.
@thomascrum185
@thomascrum185 3 месяца назад
My son who is 30 now is really smart but has no common sense. Example when he turned 18 maybe 19 he was driving my old Ford Escape that was paid off, he was talking about moving out and I said you can move out or if you save 10k and show me I will give you the Ford Escape so you have a reliable vehicle to drive then move out. It took about 2 years but he did it and than 2-3 years later he was buying a house. Now the lack of common sense, he thought that he was saving that money to pay me for the Ford Escape! After I stopped laughing I said no I am giving you the car!
@brightonkenny6491
@brightonkenny6491 2 месяца назад
Awesome!
@missgreece91
@missgreece91 2 месяца назад
I just appreciate this very realistic video. To fight off financial problems, going minimalist helps tremendously! You just have to not follow social pressure with consumerism. Stop spending, live with less and this is permanent change your life and realize how much you can actually save. I understand groceries and rent is a need but this is priority and we do not need new shoes all the time, new iphone that just came out, new clothing every single season
@LeilaLamb
@LeilaLamb 3 месяца назад
So, from personal experience, if you can cook and bake, you can buy significantly cheaper groceries.
@sandponics
@sandponics 13 дней назад
If you grow your own food it is even cheaper.
@MrSomeGamerdude
@MrSomeGamerdude 3 месяца назад
when living independent (finically) is hard if not, impossible (do have full job, etc.), in your 30s and have parent bragging on how good they have it in there 20s (independent, started a family, house, etc.) as an insult to their 20s, 30s year old child who is struggling in todays economy (and STILL need parent's finical help) as failures.
@joeisawesome540
@joeisawesome540 Месяц назад
My brother and I live independently from our parents. And I even help them pay mortgage. It’s not that hard
@EricaChavira-on4oz
@EricaChavira-on4oz Месяц назад
@@joeisawesome540well good for you.
@SeaBeast902
@SeaBeast902 3 месяца назад
Really anjoy this series 🙏
@lawrencerobles6207
@lawrencerobles6207 2 дня назад
Times are tough. I know a lot of full time workers who are homeless and could barely afford to eat.
@Trina_White
@Trina_White 3 месяца назад
My sons are 31,21 and 19. All 3 are still home with me, its too hard. But my parents are dead so what do I do?
@charityrocks
@charityrocks 3 месяца назад
My kid got financial help from my husband and I but my husband and I also needed financial help from my parents too! 😂🇨🇦
@charityrocks
@charityrocks 3 месяца назад
What do you make of that? 😅
@lukelausk
@lukelausk 3 месяца назад
Jealous of having parents to help... never had supportive parents since i was 11... been paying my own bills since my first part time... paid out my student loan in 2-3 yrs... got my own place at 30... lucky I'm able to manage my finances to survive now that I'm in my 30s... at least surviving for now...
@abcdedfg8340
@abcdedfg8340 3 месяца назад
Well, time to get active in your democracy. Use your voice, many others are suffering too.
@joseenoel8093
@joseenoel8093 3 месяца назад
I got the boot at 17, come from a military family where hard knocks.... Paid my student loan off in 9 yrs, now married and haven't worked in 28 yrs, no way my kids going to daycare now stand on theur own 2 feet pretty good, me too!
@kenyonbissett3512
@kenyonbissett3512 3 месяца назад
Nothing new! My brother got about $20,000 from my parents until he was 48yr and that stopped only because my mom died. After that my dad had dementia and he used my dad’s car full time with my dad’s estate paying for insurance, repairs/maintenance. Items left the estate and ended up in his home which he would deny. My parents paid for 1/2 his home. My sister and I lived independently and just shook our heads at his behavior. His son is the same way and it drives my brother nuts, but he doesn’t get where his son gets that behavior.
@raia2823
@raia2823 2 месяца назад
Those numbers are only the ones who admit they get help from family.
@corce209
@corce209 3 месяца назад
That's not good. They deserve to start a life as a legal adult. People used to be able to marry, own their own homes by age 20. These governments have no excuses! As a Canadian: I won't ever except what the CBC, "Trudeau funded news channel" expects us tax payers to accept!
@joseenoel8093
@joseenoel8093 3 месяца назад
It never hurts to struggle a tad, this generation does have a sense of entitlement for sure, they had it all then oops life's not so easy anymore, nope 🙅🏻, they'd of not been surprised had they tuned in a little more, it's everyone's job to be up to speed, some people are more priviledged but they rarely make for better persons! 😊
@johnperez93640
@johnperez93640 2 месяца назад
Life is sooo much different than it was 20-30yrs ago. Today, working 2 jobs is barely enough to just stay afloat. Getting into a house, u have to have a ton of money or very good credit. Companies try paying minimal wages and landlords are maximizing rents so they can live without working and feed their lifestyles. Back in the day, greed for money wasnt as crazy as it is today.
@shauncameron8390
@shauncameron8390 2 месяца назад
And people living beyond their means trying to live the lifestyle their wages cannot support.
@EricaChavira-on4oz
@EricaChavira-on4oz Месяц назад
@@shauncameron8390not necessarily
@jamiezhou5049
@jamiezhou5049 3 месяца назад
Because everyone other than those super rich need help on money. Cutting $200 groceries bill a month means better cars or better house.
@BruhMoment-fr4zr
@BruhMoment-fr4zr 3 месяца назад
CBC in 2027: *_Living in your car and dying from a preventable disease? Totally normal_*
@EricaChavira-on4oz
@EricaChavira-on4oz Месяц назад
Right!
@greasebones99
@greasebones99 3 месяца назад
Life is survival. Do it any way you can. 😉
@brumbyfreedom329
@brumbyfreedom329 3 месяца назад
Off the back of your parents? Self respect and self worth comes to mind.
@joseenoel8093
@joseenoel8093 3 месяца назад
Survival of the fittest, brings out the best in us and I'm sure helping out the kids helps them put up with us, I'm very grateful when we're able to help them!
@greasebones99
@greasebones99 3 месяца назад
@@joseenoel8093 like you never need a hand in life, you're so full of bs lol
@greasebones99
@greasebones99 3 месяца назад
@@brumbyfreedom329 ok tough guy lol
@abcdedfg8340
@abcdedfg8340 3 месяца назад
Engage in your democracy. Unless you want us all to fighting for smaller and smaller pile of scraps.
@Whatisthisstupidfinghandle
@Whatisthisstupidfinghandle 3 месяца назад
4:47 look closely at this chart. The post wwii boom is over. We are just reverting to the mean. This is actually normal. What we experienced in the last 70 years was the outlier.
@sp123
@sp123 3 месяца назад
Why is this ignored by the media?
@katysummer9418
@katysummer9418 3 месяца назад
Since the food industry didn't suffer during covid why are they increasing food prices like crazy, what's the rationale here? Ever noticed same price but packets getting smaller and smaller. On top of that they want you to work for them by using the self checkout. We should all boycott them because they are greedy.
@Brandon_388
@Brandon_388 3 месяца назад
Because their suppliers are increasing prices also. The supply chain was broken
@turtleanton6539
@turtleanton6539 3 месяца назад
Yes plz
@pizzazzincorporated4583
@pizzazzincorporated4583 3 месяца назад
I hear no mention of roommates. Before I was married I had one or sometimes two roommates. Young people are just getting started and don’t have high salaries. None of us could afford to live on our own, .
@Viewpoint11
@Viewpoint11 3 месяца назад
it’s not just about having roommates now it’s about how high the cost-of-living on everything is and how low wage is. back when you were young milk wasn’t five dollars for 4 L. Gas wasn’t over $1.50 a liter. The basics were way cheaper than they are today. I have friends that rent with roommates and have multiple full-time jobs and still have a difficult time.
@abcdedfg8340
@abcdedfg8340 3 месяца назад
@@Viewpoint11Im sorry to say this, but it sounds like our middle class is being reduced to virtual poverty. This is not acceptable, why is CBC blocking comments on housing related videos which is the driver of all these issues including increased crime, hunger, and homelessness? You and your friends need to get active, get involved in our democracy, many across the country are suffering in silence. Imagine how things could change if more people were actively engaged in our democracy whether through unions, or community groups, etc to protect their basic standard of living?
@Bcg640
@Bcg640 3 месяца назад
A room with roommates only a few years ago used to be $500-$600. Now a room with roommates can be over $1000 depending on what city you are in. This is happening when wages have remained the same.
@Vlican
@Vlican 3 месяца назад
Quality content from CBC, im genuinely surprised!
@andrewvranckx6439
@andrewvranckx6439 3 месяца назад
wow there is a comment section open!
@joseenoel8093
@joseenoel8093 3 месяца назад
I'm sure in the past there was a little too much free thinking going on.... I feel sorry for people needing to make an incredible salary (aka ripping the rest of us off) to feel happy!
@ronalcasid3844
@ronalcasid3844 3 месяца назад
Multigenerational homes are not unusual outside North America and even the norm in some countries. After high school I stayed at home with my parents. I worked part time and paid for my own college education. Graduated debt free and was able to save a down payment for my first home.
@EricaChavira-on4oz
@EricaChavira-on4oz Месяц назад
🍪
@trjberg
@trjberg 3 месяца назад
I moved out at 20 (1975). Did never get any financial help as an adult. Didn't need that either as I always had a job and the rent was affordable within my salary (which was modest for my age). Adding to that I didn't need a car, bus and train was enough (money saved). This is in Sweden.
@okrodeo
@okrodeo 3 месяца назад
bro… 1975 tho. not the same today. I also moved out at 19 but what i did was move into a minivan, worked two jobs and stacked an emergency fund. Then i started a rly high paying manual job. With the strategy i was successful. I also traded going out drinking with starting side hussles that brought in 500-1000 a month. not much but it helped. but if youre not willing to be scared and take risks you wont make it🎉
@weird-guy
@weird-guy 3 месяца назад
Even today swedes move out early, if you were born in Portugal you would probably need financial aid living alone, a lot of people your age here only have houses because parents gave them land, old ´sheds´ or they migrated to france,germany,uk,luxembourg,switzerland ect
@joseenoel8093
@joseenoel8093 3 месяца назад
Know what? As a stay at home mom my Qc pension is 100/month, I'm 63 so no CPP yet, but it gives me pleasure to help my adult children, when weren't kids who were helped by their parents not ahead? Happiness shared is happiness doubled!
@dylanrocha2442
@dylanrocha2442 2 дня назад
My parents are even more broke than I am…
@rogiervantilburg3440
@rogiervantilburg3440 3 месяца назад
Excellent video!
@Curlyblonde
@Curlyblonde 3 месяца назад
The highschools need to step up with providing financial literacy and budgeting skills to teenagers before they enter the working world. Parents providing financial handouts to and supporting adult children develops into an unhealthy dependency. As time goes on and the situation becomes more established, it can lead to senior financial abuse, which currently is the #1 form of abuse of the elderly. Children appreciate much more what they earn and acquire by their own hands. Saving and planning is good for them. Instant gratification is not doing them any favors.
@WillmobilePlus
@WillmobilePlus 3 месяца назад
"The highschools need to step up with providing financial literacy and budgeting skills to teenagers" That isnt going to do anything. If your average teen isnt even paying attention to basic math, why are they going to all of a sudden become savvy on something that REQUIRES basic math?
@sandponics
@sandponics 13 дней назад
Go read a book.
@welcome_to_the_collapse
@welcome_to_the_collapse 3 месяца назад
I'd live in my car before I'd ask my parents for money. Fortunately, I've made responsible choices in my life, and I won't need to. I'm reminded of the song: The babies on the bus go wah wah wah, wah wah wah.......
@EricaChavira-on4oz
@EricaChavira-on4oz Месяц назад
👍🏽
@heatherhowellstaff4392
@heatherhowellstaff4392 3 месяца назад
Where are the stats of grandchildren moving in with their grandparents, so they take care of each other in different ways....one has a roof that is paid for but needs help staying in their home, the other needs a roof and has the ability to manage a home.
@stevenlopez1717
@stevenlopez1717 17 дней назад
I am 25 years old and in my 3rd year of dental school. Tuition is approximately 100k USD per year excluding cost of living. It would be impossible for me to do what I am doing and avoid going into debt without the help of my parents. I have to assume that my peers are either in the same boat as me or borrowing $ from the banks to fund their education.
@FiringSquad81
@FiringSquad81 Месяц назад
As someone with the lowest possible income out of anyone on $740 SSI, I would say it is better to starve then let your family resent you for borrowing money.
@parker97boy
@parker97boy 3 месяца назад
It sounds like this survey is being interrupted... Subscriptions are on there who doesn't use their parents streaming aops? Cell phone bill? Many families have milti phome plans because they are cheaper than individual ones but its gotta be pretty common that the youjg adults send an etrans or do something. Dosnt aound like majority of the survey answers are specific to groceries
@jackilynpyzocha662
@jackilynpyzocha662 3 месяца назад
I was vacationing with my mom, she bought me groceries, I was putting the money in her wallet, to reimburse her, she may have been thinking the opposite. I told her thank you and that I was reimbursing her. It worked out well! I think she was proud of me!
@ThekillingGoku
@ThekillingGoku 3 месяца назад
I'm European, so a long ways away. I lived at home for quite a while, but was clearly informed that I shouldn't expect a dime in 'financial aid'. Also, the whole boomerang thing? My parents always said very clearly 'out == out'. Maybe I could convince them to let me stay the night if I drank too much at a party or something, but other than that? Naah. As for myself, I live in a 2 'bedroom' appartment with only a single room equipped with a bed. So I couldn't really have anybody stay over unless on the couch. Ain't no way my generation (and single) can afford the living space my parents have. Even my parents' house is now worth many times more than what they once paid for it. Well over the rise of inflation. I did land on my feet fairly well though. I never need to go asking my parents for money. Not that I'd even get any.
@fraz2983
@fraz2983 3 месяца назад
@cbcnews serious question here. Why do you have the comments section open on "soft-ball" topics like this, but anything of more importance you turn the comments section off? I'm legitimately curious.
@mikeb5664
@mikeb5664 3 месяца назад
They are trolling you.
@coyoteblue4027
@coyoteblue4027 3 месяца назад
I mean, you answered your own question, really.. not saying I agree with their policy, but it's a government run news agency. How else would you expect them to behave?
@mikeb5664
@mikeb5664 3 месяца назад
@@coyoteblue4027 It's not a government run news agency.
@ThinkPolisComing4Me
@ThinkPolisComing4Me 3 месяца назад
they do not want anyone exposed to views they cannot control.
@adamstilwell4209
@adamstilwell4209 3 месяца назад
They only allow comments when they're doing honest reports. They turn them off when liberals hand them propaganda to read so nobody can call out the lies.
@darrenthompsett5578
@darrenthompsett5578 3 месяца назад
I've been on my own since I was 20 now married for 15 years and three kids my father passed away and I haven't seen my mother in twelve years but I would never even think about asking them for financial help
@110311DONTWANTCHANNE
@110311DONTWANTCHANNE 3 месяца назад
that is ridiculous? food is about $300/month. I could see college students, but everyone else should at least be paying all their own food, transportation, typical medical, phone, clothing.
@path1598
@path1598 3 месяца назад
Everyone else should be able to find a job that allows them to be independent - that is where the problem is. Minimum wage is not enough for today's high cost of living. It was much easier when I was young in the 70s.
@110311DONTWANTCHANNE
@110311DONTWANTCHANNE 3 месяца назад
@@path1598it used to be people would get roommates instead of demanding their own place, and would develop a career that they can support themself with before getting prego...and would be married when they had a kid.
@shopwithjames
@shopwithjames 3 месяца назад
Well, if your kids are in need do you really want to just sit there and say no?🤨
@sandponics
@sandponics 13 дней назад
Yes I do.
@user-kj9vf4ff2s
@user-kj9vf4ff2s 3 месяца назад
Boomers incoming with "this generation is weak" comments.
@EricaChavira-on4oz
@EricaChavira-on4oz Месяц назад
And “in my day I worked 3 full time jobs, and walked 8 miles up hill in the snow 7 days a week.” Get outta here with your nonsense. No ones wants to hear it. 😂
@einat1622
@einat1622 3 месяца назад
Even before the pandemic and recent world conflicts, starting paying rent+ uni expenses is just not possible without a loan. Every year you stay at your parents after highschool is 12 months of rent.
@user-ld6wo4rv8h
@user-ld6wo4rv8h 3 месяца назад
University is a scam meant to make women unhappy and poor.
@mrsvoyage
@mrsvoyage 3 месяца назад
With the same job i bought a house in 2005. Today with the same job i cant buy the same house if i can i will be poorest
@L2P3K9
@L2P3K9 3 месяца назад
We will always be there for our adult kids but sometimes it does not feel natural.
@okrodeo
@okrodeo 3 месяца назад
its your responsibility to be there for them FOREVER. You brought them in this world.
@sandponics
@sandponics 13 дней назад
It isn't, the kids are all bone idle.
@AellaMaud
@AellaMaud 3 месяца назад
Several people I know went to school to get a trade, then worked saving money or while going to University to get a degree in a field that had jobs. Many people could do this but choose not too.
@eelnoops5200
@eelnoops5200 3 месяца назад
40 years ago, the rule was that a family should expect to pay roughly three years of the bread-winner's salary for a house. So, if the breadwinner earns $100k/year, their family could expect to afford a $300k house. That has nearly doubled. The single largest asset for baby boomers is simply cost prohibitive for the majority of young adults today. It's too late the damage is already done and our government is too busy playing highschool to do anything about it anyway. It's concerning to think about how gen X and millennials will retire.
@sjbutler2330
@sjbutler2330 3 месяца назад
Wow! I just mean, unbelievable!
@mojojeinxs9960
@mojojeinxs9960 2 месяца назад
My kids make more money than I do. It was my goal to make sure that they were educated so they could have a better life .
@cindybrown9898
@cindybrown9898 3 месяца назад
husband and i both had terrible parents we were both out at 17 no way would our parents help with one thing..today we would be couch surfing theres was no going back after we were out and thye didnt give a damn i cant relate
@ColleenJoudrey
@ColleenJoudrey 3 месяца назад
If being told at 19, that they would buy me a bed if I promised not to come back, I had financial support.🙃 Once I was employed and pregnant, it was time for me to figure life out for myself and they were also ready for a new chapter.
@greasebones99
@greasebones99 3 месяца назад
suuuure you did lol
@ColleenJoudrey
@ColleenJoudrey 3 месяца назад
I didn't say I had it all figured out yet and I don't think anyone ever really does 😅 Life isn't always easy but tackling the challenges as they come can be hella rewarding. My current one is teaching myself how to replace glass filled window panes and hoping my 18 year old has enough sense to not drive my car into the ditch.
@Blockmezcrybaby
@Blockmezcrybaby 3 месяца назад
Cute parents
@ColleenJoudrey
@ColleenJoudrey 3 месяца назад
Meh, They always acted with the best intentions and we all knew it was time for me to live more independently, I just needed a little bit of a kick to seal the deal.
@user-ld6wo4rv8h
@user-ld6wo4rv8h 3 месяца назад
LOL single mother alert.
@rickallen9099
@rickallen9099 3 месяца назад
Grow up, kids. Buy your own food.
@britpretty
@britpretty 3 месяца назад
oh look you fixed it! No one had thought of that
@EricaChavira-on4oz
@EricaChavira-on4oz 3 месяца назад
Well here’s the answer folks! We should all be good now!
@mathias8627
@mathias8627 3 месяца назад
Ok Boomer, I'll remember that when you get in your retirement home
@ricagalang6482
@ricagalang6482 3 месяца назад
This is why my younger son doesn’t want to have a relationship as of this moment..
@PraveenSriram
@PraveenSriram 3 месяца назад
Kudos to him and I’m 40 and almost a middle aged man living at home with my 60 and 70 year old parents
@Audiophile979
@Audiophile979 3 месяца назад
Imagine those of us with no family 😒 seriously, as a millennial, my generation is a joke
@ryanmichels2981
@ryanmichels2981 3 месяца назад
Things shifted drastically getting worse since around 8 years ago. I wonder what changed 8 years ago?…..
@shauncameron8390
@shauncameron8390 2 месяца назад
Justin Trudeau.
@angiedefreitas5060
@angiedefreitas5060 3 месяца назад
Great piece. I have my daughter and son in law with me. She totally understands the financial situation and the advantages of staying together.....him....not so much, but shared bills such as groceries and a family phone plan. It all works out.
@angelinimartini
@angelinimartini 3 месяца назад
Do any of you all ever get asked to do these surveys? I never have. So I’m curious about this
@JohnMelaries
@JohnMelaries 3 месяца назад
Some young people are moving back with grandparents. Affordability is hitting everyone. I wish to become a prime minister so that I can travel and live for free.
@user-yb5bg8im5g
@user-yb5bg8im5g 3 месяца назад
crying is like drinking ok in the short term. not for the long term. ok. you cried, you had a shot. not get out of the basement.
@andersnielsen6044
@andersnielsen6044 3 месяца назад
That is disgusting!
@danelcutler6467
@danelcutler6467 3 месяца назад
I think it most cases the 34-year-old probably has children and of course grandparents are going to help their children and their grandchildren
@nagetony
@nagetony Месяц назад
Wish the reporting spent more time on the closing statement, how financial support can work both ways. While parents may be providing financial support to children, they may also be receiving non-monetary help from the children which I haven't read any studies yet appraised at market value.
@mydogismyheart23
@mydogismyheart23 3 месяца назад
Its tough now, i dont know how younger generations can make it on their own unless they have a job making a large income. Housing alone is insane. When i was in college i could cash flow my education and not take loans out. I could afford an apartment. I worked at radioshack where i made minimum wage plus some commissions when i sold bigger items like a cell phone (maybe $20-40, nothing huge). I live in seattle. I bought a condo off a teachers salary of about $34k. Now that would all be impossible. and no, not everyone wants to just up and move away from their families and friends, some are ok with that, but some want to stay where they are and be close to the people they are currently around.
@dlyras
@dlyras 3 месяца назад
How long ago did you buy your condo?
@darlinspaces
@darlinspaces 16 дней назад
I just want to say that inflation is not as low as they tell us. I work with kids and have scheduled snack supplements to help families. We will have extra food because feeding kids has gone up way too much. People could go unfed! I bought my first new car this year. I put down the 30,000 to get the car as I had almost no credit. My income is covering priorities. I rely on one person a spouse! Last year I have to my Parents ordered them meals or hygiene products. I will probably wind up buying a low cost home back in the states. When the deals come, I’ll be ready because I’m over this Canadian inflation and weird expected price points / values.
@haoxus9413
@haoxus9413 3 месяца назад
Thanks Trudeau
@hemantparakh6462
@hemantparakh6462 3 месяца назад
Ask for 10 Records to win Free Groceries because Malls also need a Segment for Records to propel the Sales
Далее
QVZ
00:31
Просмотров 511 тыс.
ОВР Шоу: Друг-душнила @ovrshow_tnt
11:15
ДОЕЗДИЛИСЬ, ДОПОМОГАЛИСЬ…
23:34
One brother and sister story #shorts by Secret Vlog
00:14
All the ways you pay more for less | About That
12:31
Просмотров 235 тыс.
Why fewer people are planning to have kids | About That
10:06
Why A $100,000 Salary Can’t Buy The American Dream
9:29
QVZ
00:31
Просмотров 511 тыс.