Pros And Cons Of Millennials Staying Home

Older generations have begun to question millennials due to millennials’ unique decisions to stay at home during adulthood. Many people have been trying to decide if millennials staying at home longer is detrimental or innovative. Some people of past generations believe millennials are staying home because they are lazy or privileged, but other people of past generations realize millennials are staying home because of reasons involving money. Contrary to prior generations, millennials are defying the traditional lifestyle beliefs of past generations. Although prior generations accuse millennials of living at home because they are lazy or entitled, millennials reside with their parents longer because of their student debt and their need to

Earlier generations may accuse millennials of not wanting the accountability of a home, but millennials are motivated to own their own residence but only when they can afford it. Instead of acquiring more debt by buying a house immediately after becoming employed, millennials choose to stay at home with their family to save money. The article “Millennials, Affordable Housing, and The Future of Ownership” explains, “Although young adults continue to embrace the concept of homeownership, approximately 80 percent of them report that that it is hard for them to find affordable housing to purchase” (Dickerson 442). Most people of the past generations believe millennials are not interested in the responsibility of owning a home, which is not true. Instead, millennials are unable to afford homes, which is why homeownership rates for graduated students are low. Millennials are accused of refusing to start adulthood by remaining at home with their parents, but millennials are not buying houses because they are unable to afford them. The article “Millennials: The Savvy, Stay-At-Home Generation” explains, “As challenges with affordable housing and a lack of starter homes persist (inventory has plunged 40 percent since 2012), the millennial and Gen Y response—including living at home to save money and reduce debt in efforts to

Because they have a sense of entitlement, millennials are more focused on finding the perfect job instead of accepting a job that they feel is inferior to them. Therefore, they remain unemployed longer which means they live with their parents longer. “Survey: Millennials Want Passion More Than Money” supports this claim by stating, “Research on millennial workers from strategy firm Department26 shows that when they get a new job, the most popular top priority is ‘being in a role you’re passionate about,’ at 44%, just beating out money at 42%” (Burnett). Because millennials believe they deserve to have a job that meets their passion and salary standards, they remain unemployed and unable to support themselves. Instead, millennials should be less concerned about their entitlement and accept the jobs that are offered to them. Although some millennials believe they deserve the privilege of having a job that meets their expectations, the whole millennial generation should not be classified as entitled. Similar to earlier generations, there are some people who are willing to accept jobs that do not meet all of their standards, but some are lazier and refuse to settle for a job they consider beneath