Kiwi here, a lot of us move out and go flatting at the first possible chance we get - which is right after high school/first year of uni.
Kiwi here, a lot of us move out and go flatting at the first possible chance we get - which is right after high school/first year of uni.
Given the difficulty of affording a deposit for new home buyers who have been renting since 18 (like me - Aussie here), I can see the logic in it.
I would go so far to say that the only time this is not the norm is when children move to a big city to work, leaving their parents back in their smaller hometowns. Then they live as cheaply as possible in dorms that exist for this purpose. There's a whole infrastructure.
In the Philippines I found that depending where you were from, depended on whether you left home as early as possible for better opportunities.
Never heard of the dorms thing though.
My wife and I will buy a house one day, but it won't be near any of the "big" NZ cities. Too expensive.
I see the logic too, but surely your mental health must suffer!
The south of Europe. Spain is probably the most outstanding country in this regard.
https://www.cbsnews.com/news/more-millennials-are-living-at-...