pull down to refresh
85 sats \ 5 replies \ @0xbitcoiner 2 Oct \ on: Europe's North-South Devision In One Picture econ
This is a situation that has been talked about for a long time. People from the south, apart from not being able to afford to own or rent their own homes, really like having clean clothes and food on the table made by their mothers.
I've read about this before and do wonder to what extent it's a genuine cultural difference.
If you compare young people of similar income/wealth from the North and South, how much more likely are Southerners to live with their parents?
reply
I can confirm that it's also a cultural issue. In northern countries, the aim of young adults is to move out of their parents' home, and there is even a social stigma if they don't. In the south, young people like the comfort of their parents' home. The issue of income is important, but there are also cultural issues, but I don't have any numbers.
reply
America is much more like Northern Europe. Historically, American kids move out of home as soon as possible, regardless of their income. That's why young adults living with their parents is such a bad economic indicator here. Only the truly desperate would ever do it.
reply