WHEN ERIKA AND CODY ARCHIE posted a video to TikTok explaining how they would be charging their then-18-year-old daughter Kylee rent, the reaction was split. One commenter called it a "punishment." Another said: "I don't see anything wrong with it. It helps them learn responsibility." While a third added: "Hell no, that's their home."
The footage ended up going viral, receiving over 700,000 views. Despite the mixed response, Cody is sure they've made the right decision.
"This is our way of preparing her and making sure she knows that things aren't free," he tells Newsweek. "Part of becoming an adult is knowing that you have to either pay rent or you'll have a house payment. Our hope is that by doing all this, we're preparing her for the world." In the video, though, he was more blunt. "Two bucks a month is plenty cheap to live like a grub in your parents' house."
According to recent figures from the U.S. Census Bureau, 58 percent of 18 to 24-year-olds are living with their parents. While staying at home has benefits for young people-such as allowing them to pay off their debts or save-having an extra person under their roof means higher costs for parents.
A recent poll conducted by Redfield & Wilton Strategies for Newsweek asked 1,500 U.S. adults their thoughts on parents charging their adult children rent. Around 57 percent said that a 20-something moving back home should pay for the privilege, even if their parents "do not need the money." Only 28 percent felt that adult children should live rent-free.
A study conducted by Lending Tree produced similar results. While 85 percent of parents surveyed said they'd let their adult children move home, 73 percent would charge them rent.
هذه القصة مأخوذة من طبعة April 28 - May 05, 2023 (Double Issue) من Newsweek US.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April 28 - May 05, 2023 (Double Issue) من Newsweek US.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Can Alternative Therapies Treat Cancer?
Doctor and breast cancer survivor Liz O'Riordan addresses misinformation around managing the disease
Falling for Romance
A new book, Nora Ephron at the Movies, celebrates the writer/director best known for her iconic rom-coms and strong female characters
Cracking the Norse Code
Walrus DNA has shown that Vikings were likely the first to have encountered Indigenous North Americans
Monumental Shift
The discovery of 165-million-year-old crystals Easter Island has upended the longheld notion of how the Earth's \"conveyor belt\" moves
'OUR FOREIGN POLICY AND DOMESTIC REFORMS ARE TWO SIDES OF THE SAME COIN'
It is a well-known fact across the globe that the North Korean regime is irrational and unpredictable, but we have been consistent in strengthening our defense posture against the threat from North Korea since the Korean War, and I believe that their conventional capability is much inferior to that of the Korean military.
'They Read My Eulogy As I Lay in an Open Grave'
Like Paris Hilton, Natasia Pelowski claims she was subjected to abuse at a teenage therapy program
Russian Economy Faces 'Burnout
Vladimir Putin admits difficulties” as the country’s key interest rate reaches a historic high
China's 'Silent Chemical War'
The U.S. must investigate Beijing's role in the manufacturing of fentanyl that is killing Americans, says one mom whose daughter died after accidentally taking the illicit substance
HARSH HEADWINDS
President Yoon Suk Yeol's BATTLE to reform a South Korea beset with structural problems under the specter of an increasingly aggressive neighbor to THE NORTH
Bridget Everett
BRIDGET EVERETT NEVER THOUGHT SHE'D BE THE LEAD OF A TV SHOW. \"I come from the downtown world in New York, a cabaret singer, and these things just don't happen, you don't find yourself with three seasons of HBO.