from the nytimes article titled, "the bank of mom and dad" :
Jason McGuinness, 23, in his New York apartment with his mother, Gail
Horowitz. Ms. Horowitz sends him a monthly check for $300 and picks up
his cellphone bill.
that's chump change--around $5,000 per year. if you're going to be a pussy and taken money from your parents, at least make it an amount you can do something with. hell, a lot of the girls i know have parents pay their entire rent--that's at least $20k per year--getting closer to real money.
my first year living in new york i made $40k. i paid my own rent--all of it--and no one gave me a penny. instead of going out to lot 61 and blowing $10 on a drink, my buddies and i would go to to third & long for $1 drafts or other places with cheap beer. i didn't eat out every night, i got by on homemade salads, pb&j and pasta and splurged on the occasional date or dinner with friends. i didn't belong to equinox, i went running outside and did push-ups in my living room. and you can bet your ass i didn't go clothes shopping every weekend.
maybe that's why i'm always amazed at the people who think its normal for a parent to pay their child's rent. i guess i would think it was normal if all my friends had the same arrangement. still, these same people who withdraw funds from the bank of mom and dad would never consider living with their parents--how ironic. they also would never live in brooklyn, hoboken or queens, or in a building without a doorman, yet they look down their noses peers who live in the boroughs because it's more affordable.
i'm not saying jason or anyone else is a bad person, and i certainly
don't know what the solution is. maybe white collar jobs in new york
need to start paying starting salaries so that young people can afford
to live where they work. maybe people need to save up and live at home
for six months before moving to new york. maybe if you can't afford to live
somewhere, then perhaps you should consider living somewhere else.