What Age Did You Move out?

willister on 01/02/2021 - 11:10
Last edited 01/02/2021 - 11:12

I'm 39 this year, I moved out at 21….got me own place in the same suburb as me folks. Strange too given I'm of Asian background, it was quite rare back in the day to move out on your own. I think I've come across maybe 2 other Asians around my age who've done the whole moving out rite of passage thing around my age.

It was a bit of a run down house cosmetically - the bathroom and kitchen had a lot of wear and tear but the 3 bedder BV was in decent shape structurally and on 700m2. I lived in it for one year before I moved interstate twice and then the UK for the working visa and then Asia for a 1 year travel stint. Best time of my life now when I reflect it after having 2 kids.

Is it just me or do people move out way later than what it used to be like? If I had to put an average down (disregarding ethnic backgrounds) seems to be now hovering at mid 20s ish mark.

Yes, property and rent is so expensive these days and also I've noticed at least with my younger cousins..having the ability to bring home partners is not really an issue. At the end of the day though, there is just something that sort of can't buy independence? I almost compare it to training wheels = living with folks. You are not really truly independent unless those training wheels come off.

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Comments

  • ribze1 on 02/02/2021 - 15:31

    Need a poll.

    And 26 for me, with gf (now wife).

  • Icecold5000 on 02/02/2021 - 15:39
    +1

    15yo. FTW bitches.

  • Tasmaniac on 02/02/2021 - 15:49
    +6

    Moved out ? You mean in the real world ?
    Mama said people are the devil.

    • khomeini on 02/02/2021 - 19:09

      I thought your Village didn't have modern electronic gizmos? I'll have a talk to your mama soon about you venturing too far and eating the wrong coloured fruit.

  • Akya on 02/02/2021 - 16:44

    I moved out of my parents home at 18 to live overseas to go to university with their financial support for 5 years. Then moved back in with my parents with my fiance. Got married and then moved out again (total 3 months of living with them), this time financially independent of my parents. I’m now 29.

  • Tehcookiemonsta on 02/02/2021 - 16:50

    23 Atm, haven't moved out yet…

    Will do so in the future when I am medically stable and have a job which will allow me to pay for the outrageous renting Prices in Sydney…

    On another note saved quite a good amount living at home, not so bad.

  • hopper on 02/02/2021 - 16:55

    26, When I moved to Australia.

  • Yorkshire-Man on 02/02/2021 - 16:56

    I was 18. Went to Uni then never moved home. I grew up in the UK, most people went to Uni away from home, after living away from parents most don't go back. Seems different here.

  • Nyclix on 02/02/2021 - 17:35

    31, moved in with a mate for 6 months at around 29 and enjoyed it but he eventually moved in with his girlfriend so I decided to build instead of rent as I'd been saving for years and it made so much more sense so I've been back home for a couple of years. New house is ready in 9 weeks. Pretty proud to have bought a house worth 600k but I can't help that feeling I've missed out on a few experiences in my 20's by staying so long.

  • Willco88 on 02/02/2021 - 18:00
    +4

    15 I left a very disruptive home, moved in with my grandmother but was pretty independent from that age onwards living with friends and stuff over the years, lived in SA, VIC & WA, lived in numerous homes not been able to buy unfortunately but life goes on, I feel I'm stronger and smarter because I was forced to leave and grow up much earlier than most, I know some still in their 20s at home not even knowing how to cook or clean…. I understand the idea of saving all your money for a home deposit, but it's only possible if your home is conducive to happiness and sanity, otherwise most people will be in a hurry to move out and away from their parents to have their own life and freedom and independence!

  • cimrak on 02/02/2021 - 18:12

    Not sure how to best answer this one.

    I moved away from home at 15 (I grew up in the north of WA and did yr12 at a boarding school 2500km away in the south of WA), then lived back at home for a few months after finishing yr12.

    I moved out of home at 16, when I started a job interstate. Been supporting myself ever since.

  • rubenastley on 02/02/2021 - 18:17

    Just moved out recently and purchased first home (28/M/Asian/Married as of 2 years ago). Staying at home definitely helped purchasing my first home and I have no regrets moving out at this age. Prefer this to living with random house mates and potentially struggling financially. Just my preference though!

    • richmond12 on 02/02/2021 - 18:58

      Depends if you value those younger years of independence before married life..

      • rubenastley on 02/02/2021 - 23:22

        Travelled and lived overseas for two years before moving out. That was enough!

  • khomeini on 02/02/2021 - 19:02

    Moved out at 30 after mum mentioned we should stand up on our own feet. (Got married at 27). That helped with saving up enough for a deposit and then when ready bought own home.
    After 5yrs of that (and picking up/dropping off kids to grandparents every day) bought a much bigger home and moved parents in to live with us.
    Worked out well… They have their investment properties as do we. House is large enough to accommodate within feeling claustrophobic.

    Expectation is to all live together, does wonders for family unity (especially from the grandparent/grandchildren aspect)

    • Willco88 on 02/02/2021 - 19:06
      +3

      Free childcare

  • dogboy on 02/02/2021 - 19:48

    17 year old. When I could drive and get my own job. Worked all through University.

  • Seni0r El Cheapo on 02/02/2021 - 20:04
    +1
    1. When I moved to Australia. If I ever go back, will be living with parents again.
  • Narull on 02/02/2021 - 21:11
    +13

    I got kicked out when I was 14, family told centrelink they didn't want me so got put on 'unacceptable to live at home status' started working and lived alone for years. 36 now, have no contact with family and all kinds of messed up mentally.

    Anyone who ever says ya gotta forgive family or they are family blabla, (profanity) off, some things aren't forgivable even by family.

    (Sorry for the mini rant)

    • Zondor on 02/02/2021 - 21:24
      +5

      Sounds like you are a very strong person to get through all that. You should be proud of yourself.

      • Narull on 02/02/2021 - 21:35
        +1

        Thanks mate

  • crob on 02/02/2021 - 21:12

    19, though i was in shared living arrangements till i was 34

  • lunchbox99 on 02/02/2021 - 21:19

    17yo. I had to start uni in another city (no uni where I lived).

  • Zondor on 02/02/2021 - 21:23

    At 18 but only to my grandma's who was closer to the city. Became totally independent at 23.

  • CheeryCheapskate on 02/02/2021 - 21:39

    I moved out of home at 29; I wanted to move out earlier but years before was the mini recession and I lost my job for 6 months. I'm glad I waited to save for a massive down payment and low mortgage. And for those out there, there's no shame in living with parents as long as you do your part in the housework and save for a future home (rather than just leech off parents). It's actually a smart move to secure a financially better future later.

  • down-under on 02/02/2021 - 21:52

    15 (living in high school dormitories, 10 months a year), if that does not count, then it was 18, got to a uni 1600km away from home.

  • Trying2SaveABuck on 02/02/2021 - 21:54

    25y.o with my gf, who is now my wife currently 30y.o

    Time goes fast

  • tikei on 02/02/2021 - 22:35
    +3

    In posts like this, you'll mainly hear from people who moved out early to boast about how independent they are.
    I mean, even the opening post sounds like a feel-good post, like a pat on his own back

    • silverrat23 on 02/02/2021 - 22:40
      +2

      Good point. No one's really going to put themselves in bad light for no reason.

    • cimrak on 02/02/2021 - 22:45

      and yet most replies so far have been mid-late 20's. Not exactly moving out early.

      • tikei on 02/02/2021 - 22:47
        +2

        Quick scroll shows a lot of 17s or 18s 🤷

    • lunchbox99 on 02/02/2021 - 23:01

      So you moved out at 37… good for you.

      • tikei on 02/02/2021 - 23:19

        Awwww, saying 37 is being too kind 😘

        • lunchbox99 on 03/02/2021 - 07:38

          Don't get me wrong, I think if you have the option you should stay at home. It puts you in a far better place financially at 30yo if you spent your 20s working but living at home for some or all of that time.

          In my case, I really didn't have a choice because I had no university in my city. I spend most of my 20s studying and broke as all my income went to rent, necessities and partying. I guess I wasn't fully financially independent until I finished my undergrad degree at 20yo.

          • voo123 on 03/02/2021 - 10:14
            -1

            @lunchbox99: Nothing wrong with living at home until your late 20s. However, you need to treat this as a privilege and have clear financial goals.

            If you are living at home, obviously the living costs are subsidised by parents. People should be able to save at least 70% of their net income with this arrangement.

            Far too many people indulge in luxurious discretionary spending. Therefore, the money saved from subsidised living expenses is offset by their bad spending habits. This results in only 20-30% of net income saved.

            Also, people like to claim they live at home under the pretense of 'saving'…but are they really saving?

            As mentioned, people need to change their mindset and use the opportunity to live at home as a tool to get ahead, instead of using it to fund a certain lifestyle.

    • Zachary on 03/02/2021 - 16:37
      +1

      77, still living with parents, I'm not very independent - still rely on parents to wash my clothes and tidy my room and hold my hand whenever I need to go somewhere.

      • Willco88 on 03/02/2021 - 17:00

        Wipe your butt

      • OzCheapo on 04/02/2021 - 03:39

        Don't forget about cooking and washing the dishes. The struggle is real

  • thriftysach on 02/02/2021 - 23:14

    Am 19, asian background. Western Sydney. Have enough saved up/earn enough to sustain myself in a small apartment but will be living paycheck to paycheck then and might have to work extra too which will undoubtedly affect my uni studies.

    Would like to move out but I live in Sydney, hence planning on staying with parents for a while till I get full time in my field.

    I am pretty sure that if there was no upsurge in housing prices in the past decade, I could comfortably purchase a small 3-bed house 30kms from the CBD by saving a large portion of my income till I hit 25 or so.

  • sarahlump on 03/02/2021 - 05:34

    I lived in north carolina. I moved out as a teenager, flew to australia and been living in various sharehouses ever since. Most queer people leave home as soon as possible.

    • Blitzfx on 04/02/2021 - 15:07
      +1

      I can only assume because of the bible belt.

  • sardines on 03/02/2021 - 05:52
    +1

    Moved out at 25 but then divorce and health issues moved back at 40..
    Dont see me ever moving back out and being independent…suits me rather than living alone as health issues and less money

  • tolchok on 03/02/2021 - 09:45
    +2

    I was 16 (almost 17) when I moved out, because my parents had started charging me rent. They are the real OzBargainers

    • down-under on 03/02/2021 - 10:06
      +1

      I don't quite understand the idea of charging kids rent… before recovering the 17 years accommodation, babysitting, childcare costs etc. first.

      • dogboy on 03/02/2021 - 10:08

        If the kids are working, I guess the parents are trying to teach them fiscal responsiblity.

        • khomeini on 03/02/2021 - 10:40

          I agree with this view. I will implement this and its all about being financially savvy and responsible. I'd expect that whatever I collect will be placed in an account that will be bestowed to them after full independence. (Of course this depends on individual circumstances)

      • voo123 on 03/02/2021 - 10:20
        +1

        I paid my parents 300/month towards living expenses from 18-24 y/o before I moved out. I hated it at the time but in hindsight it was the cheapest accommodation and meals I was ever going to get. I remember earning 400/week during that time, so it was a great way to teach financial responsibility.

        I had high discretionary spending during those times so I had to financially plan abit more.

      • tolchok on 03/02/2021 - 12:06

        Hehe, right? I'm keeping all records for my two kids, to be presented as a bill when they get their first job. (I believe this is where I place the /s)

  • modiika on 03/02/2021 - 10:01
    +6

    It would be nice to hear from people who regretted when they moved out.

    I moved out when i was 25 for a job overseas. I don't regret waiting that long, and i'd hear from friends about how its so important to move out and be independent. But their trashy sharehouses were never appealing to me and I'm not sure it made them more responsible, they just made idiotic choices, alcohol over food when broke, sleeping in . Yeah they had a fuller experience of their bad choices, but didnt seem like many of them changed their behaviour as a result. I'm just sceptical about the benefits for most people, I think the people most drawn to move out early (excluding those who have a person situation which necessitates it) are people who just want a way to act irresponsibly. I dont believe you need to act wild to mature, and i think we excuse alot of early 20s behaviour we shouldnt. That being said i think there is something good about moving out of your comfort zone, and building friends and connections from scratch.

    My regret is that I should have saved more money or at least invested a portion while I was working and living at home. To be fair I was in Uni for most of that time and only working part time, but I still should have used the advantage of not paying rent to build more of a nest egg. Otherwise, it wasnt much advantage over living in a sharehouse, except that I could work less/ have more time for social stuff. However, it always felt like the little money I could save would not become anything meaningful, and would quickly be eclipsed by my earnings in a post uni full time role. Which is true, but I never ended up in that post-uni fulltime role while living at home (which was my plan for a year or two to save a deposit) so didnt save as much in the first few years in the proper workforce as i had expected.

    • voo123 on 03/02/2021 - 10:31

      I used to share the same regrets as you; not being able to save substantially whilst living at home. But honestly, the time period from 18-24 is the time to have fun, splurge abit and take some risks.

      From mid 20s onwards, is when people start to have their sh1t sorted out and actually plan for the future.

      Therefore, I don't regret moving out at all. It was certainly hard moving out when I wasn't ready but it was worth it in the end. My parents at the time pleaded with me to stay home for longer to keep the family together.

      All of their kids have now moved out by their mid 20s so they're lonely in their 6 bedroom family home. However, they're immensely proud of their children going through the tough learning phase of living independently, especially at a time when adult kids are staying at home longer than ever.

  • darkmoss on 03/02/2021 - 10:21

    18 Went overseas for a couple years, after High School, then found a rental upon return. Still visit the family home regularly.
    I think it's important to move out after schooling, for privacy and independence.

  • Trioboy on 03/02/2021 - 10:39

    I was 25, Bought a house, and moved out. Lived alone for a year before I got married. I didnt even have any furniture. Slept on a old mattress for couple of months.

  • Peaky on 03/02/2021 - 10:51
    +1

    21 - straight into the deep end of owning my own home (was lucky to be working full time in govt from 17 so was able to afford it).
    Moved back in with the folks around 28 as I decided to start working part time and do some study. Still own the home (renting privately) and still living with them but hope to move out again in the next couple years once I get my degree and start full time work once again.

    • nikey2k27 on 03/02/2021 - 20:55
      +1

      left home at 18 and at 20 got my first of many unit and house i owned i love study at uni in 2010 to 2o15 own my own home made that happen easy.

  • kasp on 03/02/2021 - 11:11

    I moved out just shy of turning 16.

    Had a full time job as well as doing my HSC through Tafe. I am kinda amazed I managed to do well at my HSC considering.

  • hts on 03/02/2021 - 12:11

    Moved out at 18, left the town I was brought up in and moved to a larger city close by. 34 now. Moved into a cheap flat for 6 years now in current house for 11 years, should have it paid off in 5-8 years.

  • azngamer on 03/02/2021 - 13:06

    Moved out when I was 18. Parents kicked me out of the house to be more independent because at that time they were going to go overseas within a year while I stay for uni. Asian background. Been renting until I got my own property with my missus at 28.

  • tallkid123 on 03/02/2021 - 13:10

    Moved out at 26 with my fiancee (now wife) at the time.

    However, we moved in to my in laws's apartment. Even then, they used a property manager so the whole arrangement was the typical landlord-tenant relationship.

    It'll be next month that we finally move out to our own place.

  • messiah1095 on 03/02/2021 - 13:26

    23-24 when I had enough for a deposit for my first house.

  • Streetpirate on 03/02/2021 - 14:33
    1. 16/17 is usually the norm in NZ. Blows my mind people still live at home past 18 here in aus.
    • willister on 03/02/2021 - 14:34

      The only places that seem to uphold this tradition is in places is like Sweden??

    • worrierwan on 05/02/2021 - 11:24

      How do you even afford to pay off rent whilst still in school at that age? Dont know about NZ but at that age in Aus the pay is $10-14/hr and you have full time school?

  • Duram on 03/02/2021 - 15:33

    26 in 2013, would have been a few years earlier if it wasn't for land delays, build delays and every other delay possible when it came to building a home.

  • Thatsgold on 03/02/2021 - 15:42

    How can one move out when they've never been asked to move out… (^____^)

  • Willco88 on 03/02/2021 - 16:18

    NOT everyone can live at home rent free, stress free forever

  • Willco88 on 03/02/2021 - 16:22

    Sometimes I do wish I was more financially astute to actually save and buy property when I was younger say 10 years ago when you could actually buy a house and land for half the price you can today… But then I have to say I've had so many good memories of traveling and partying and spontaneous stuff over the years, so it's kind of a win win LoL

  • elonmusk on 03/02/2021 - 17:57
    +1

    I'm still live with my parents.

  • dtc on 03/02/2021 - 18:40

    My parents moved overseas when I was 17.5 and had just started uni (they waited until I finished school!) so didnt have much choice.

    Of course moving out of home for uni isnt that unusual; but I didnt have a family to easily go back to during holidays and stuff. Managed a couple of visits during uni paid for by my parents

  • serpserpserp on 03/02/2021 - 19:24

    People from country towns mostly move out at 17 or 18. Stone stay at home till 19 and then just move into a share house locally (or if they have a job, get their own place, rents are usually pretty reasonable).

    Out of the handful that stay at home, they are usually kicking around in a massive house with one parent, or are a carer for a family member.

  • larmesdelhiver on 03/02/2021 - 19:24
    +3

    At 16. Then moved back to live for a gap year after undergrad at 21. Both of my parents died at 25-28. For some people moving out is a blessing, for others it's full of regrets. I wished I could have stayed with them longer. I'm Asian and my parents really wished they could have been closer to me.

    • nikey2k27 on 03/02/2021 - 20:50

      Can ask what happen to your mum and dad?

      • OzCheapo on 04/02/2021 - 03:37

        I think the meaning is that parents died when AO was 25 and 28 years old

  • nikey2k27 on 03/02/2021 - 20:49

    18 year old and live life to full from back water town in far north Queensland with only 500 people i was glad to leave home. move to Gold coast

  • virhlpool on 03/02/2021 - 22:05

    It sounds like many people don't like living with parents after 20+ age or so. Maybe it has to do with upbringing and (family) culture, but I still miss my parents and would do anything to live with them while they are alive if we were in the same town. In their old age, I would prefer them to rely on me for any little help in their day to day life rather than some random nurse or age care support, if any. They raised us for many years and I feel that we should look after them when they need our (moral) support.

    As a single person, I am sure I cherished my little time that I could spend with my parents in their old age and even as a married person, I would love my kids to live with their grandparents at least for some years as they won't get this opportunity later. This is of course not easy as there could be limitations such as size of the house, medical support, financial constraints, time constraint, relationship issues, etc for which adult kids (single or married) prefer not to live with their parents but IF some adjustments in life can address these issues, then I am all for living in a joint family with parents. Contrary to a common belief/ practice in the Western culture, it's a joy of life to be around your parents when they need you the most. Financial saving due to living in the same house is a plus.

    • Blitzfx on 04/02/2021 - 15:23

      I think you might get a different outlook if the OP had made a poll. Most people's story is pretty boring and not worth commenting about

  • PurchaseAnxiety on 03/02/2021 - 23:02

    A few days after turning 19. I had moved with my parents to a new city the year prior, and I wasn't enjoying it at all. So I hopped in my car and drove back across the country. I don't think I could've lived with my parents again after moving out, though I did envy some of my friends who lived a comfy life at home while working/attending uni, some saving up housing deposits purely through lack of living expenses.

  • VictoriousBboy on 03/02/2021 - 23:18
    +1

    27, Caucasian background female. Still at home, hoping to buy land and build this year. Single. Govt job. However I lived with significant mental illness for years (family as both a precipitating factor and somewhat protective). I don’t want to flip a house, I’ve been saving and ozbing for years to get a decent deposit, pay off my hecs fully and build a somewhat dream home. I would rather live at home for 5 more years than waste money buying a shoebox townhouse, which everything around me now is. The congestion and sheer number of cars is grotesque.

    • Willco88 on 03/02/2021 - 23:21

      Very smart

  • kthomas on 03/02/2021 - 23:57
    +3

    19, “ran away”, AKA my mother was so abusive I finally had enough and left.
    Spent 2 weeks on the street trying to get my shit together.
    Got sorted in a share house, started uni the following year, got my teaching degree, and an excellence scholarship during it.
    I am 27 now and the happiest I’ve ever been with an incredible partner, 2 beautiful little babies and a beautiful home. (My partner bought the home, I still haven’t worked as a teacher yet as I graduated and had my first baby soon after)

    Life is gewdddd.

    • khomeini on 04/02/2021 - 09:34

      Amazing story and perseverance. Power to you!

  • AustriaBargain on 04/02/2021 - 00:46
    +1

    My Italian friends still live with their parents.

    Also https://youtu.be/Uqi7LzRoaBQ

  • OzCheapo on 04/02/2021 - 03:35

    I moved out after university (23) and never looked back but family getting sick does worry me because I am interstate and am terrified of another lockdown. Personally feel sorry for the people overseas who struggle to get home to take care of their families.

  • pogichinoy on 04/02/2021 - 11:02

    Moved out at 23, after I bought my first place.

    Could've moved out earlier but didn't wanna move out and rent.

  • Buckshot on 04/02/2021 - 11:05

    I moved out at 21, and to the other side of the country- from NSW to WA.
    Didn't have a job or anything lined up. Just stayed in a backpackers for several weeks and applied for Jobs at the Internet Cafe next door.
    Figured I could just return to NSW if things didn't work out but it was the boom in WA and I picked up a job after about three weeks of doing applications.

    I'm now 36, married with a toddler and my entire immediate family liked Perth so much, they relocated too, about ten or so years later.

    My wife and I bought our first together when I was 28- about to move into one we just built. Life has been good to me.

  • shrek4 on 04/02/2021 - 20:06

    17 and put myself through year 12 and uni without any help from anyone. Hard days and ate lots of pasta!
    I’m 41 now and moved house 39 times! Longest I’ve ever been in one place is where I am now (approaching 7 years). Shortest was about 4 weeks.

  • jordino1993 on 04/02/2021 - 20:44

    I moved out when I was 20, jumped between share houses, and managed to do quite a bit of traveling. Moved back home at 24 after a stint overseas as I needed to find a place to live and a new job - I had the intention of it being a temporary stay. 27 now and still home, tried to move out last year but COVID made it too difficult to find a rental and now my family is dependent on my income. I don't see any point in moving out right now to pay rent on two properties.

    It hasn't been entirely bad moving back home, I was able to get my finances in order and manage my money a little bit better without the pressures of housemates wanting to do things all the time. My mental health is a lot better than when I was living in share houses with many people, I don't think I would have my current job if I didn't move back home and get my life in order.

    The only issue is I don't feel entirely comfortable having guests over as the fam is home most of the time and there is limited privacy. I have no idea how I navigated it when I was a teenager but feel if I stayed a few years more would definitely start to strain on my personal relationships.

  • nubzy on 04/02/2021 - 21:23

    There's really no shame in living at home with parents, these days it is very common especially in Sydney. Working full time to pay for a mortgage is an absolute misery and not everyone is so keen to join the rat race. Use the time at home to save and invest, maybe start a small business and hopefully you can have a better life in the future.

    • Willco88 on 05/02/2021 - 00:07

      Yes because it's a million dollars for a unit in Sydney

  • FallaM on 05/02/2021 - 08:19
    -1

    Bought an apartment at 21

  • whiskeyjack89 on 05/02/2021 - 08:54
    +1

    Moved out at 18 with about $350 to my name to go to study at a tafe about 4 hours away . Paid $50/wk to live in a garage of a sharehouse for a few months until I got some steady work and could get a room like a real person (edit: actually the 2nd place was a workshop I 'converted' now that I think about it). 14 years later and I'm still sharing, hoping to be able to afford to buy a house in the next few years but avocados are just too damn tasty.

  • GoIdDigger on 05/02/2021 - 10:14

    21, moved interstate to university accommodation and haven't moved back home since

  • ImpulseMan on 05/02/2021 - 10:48

    Late 20's, purely because it was indented into my head that rent money is dead money. Took us quite a while to buy a house in Sydney in 2020. Joint incomes, living at parents home, cooking at home,unnecessary spending at a minimum and both working from a young age.

    A lot of comments about affordability, totally agree but also think some of my generation like to complain and blame everyone but themselves.

    Is it hard to save for a deposit, this is true 100%. Much more so if you can't stay at home. An yes stamp duty concessions would be wonderful for first home buyers.

    But you know what, when my grandparents migrated to Australia, they didn't spend money they didn't have on afterpay to buy new sneakers. They worked two and sometimes three jobs. They rented rooms out in their house, were careful with their money, and eventually brought their 'dream' home in cash. How? any spare income went straight into the mortgage, the banks must of hated them!

    Yes times have changed, and wages have dragged far behind but you know what there are so many opportunities for side hustles online. I read an article the other day how a 17 year old aussie was making $100k off producing work on platforms like Fivrr. There are countless youtube videos on how to use every software imaginable and make a side income.

    Another thing many of my friends don't understand imo, you have to be patient and not expect the best from day one. Could i buy a beautiful new two story mansion? No. We had to settle on a weatherboard and build a granny flat at the back. In time we can save to renovate, rebuild or upgrade.

    I think the way of thinking in gen y and lower generations is wrong when it comes to creating wealth, you can see evidence of that in the amount of people recently throwing money into the stock market and expecting overnight returns.

  • DemocracyManifest on 05/02/2021 - 10:52

    20, straight into share houses, went through 3, live with my partner and rent; pretty much no chance of buying, it sucks but it is what it is. I know too many people who bought houses and couldn’t afford to upkeep them. Main bonus I guess at this time of our life is that we have the opportunity to be more mobile

  • Neverpayretail on 05/02/2021 - 12:14

    17 but I did move back in at 21

  • andyhwl on 05/02/2021 - 13:06
    +3

    I moved out at age of 37.
    I grew up in a Chinese family, so I suppose that is not surprising.
    I also have been supporting family and getting "free" food.
    I bought another property to live in, 8 minutes drive away.

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