UT Student Lives in a Van

#7
#7
Given the price of housing around UT, a van is actually a pretty good investment. 3 BR apartments are in the $2500-3000/mo range. We are trying to work out something for our to-be sophomore. It's insane.
Not sure it'd be any cheaper, but that's when I stay on campus. Cookeville's not alot better comparatively speaking. Not uncommon for near campus housing to be 1800+range.
 
#8
#8
Not sure it'd be any cheaper, but that's when I stay on campus. Cookeville's not alot better comparatively speaking. Not uncommon for near campus housing to be 1800+range.

Wow! Things have changed in Cookeville since my son was there.
 
#9
#9
Wow! Things have changed in Cookeville since my son was there.

That's why mine commutes from the house. I know there's alot of commentary on today's youth being at home longer. I did far more independent things nad running the open roads at 18 than most kids today. But, I also recall the damage and amount of time it took to overcome too much debt in a short time. I respect that he's not pushing to put that expense on us for him to move 8 miles. Heck, he's already fiercely independent in many ways. I have not done one single thing for his college career except the annual update of Fasfa. He does everything. If I try to question to make sure he has it all took care of, it's WW3. I will gladly extend housing for not having to baby a 20 year old mindless sheep.

1800 may be pushing the upper end, but 11-1500 is the norm. And the new high end apartment flats accross from the fair grounds are mortgage range up to and over 3G depending the size. I know a family trying to unload their 7K monthly mortgage payment house if anyone wants a 2-lane bowling alley in their basement. They haven't been exactly responsible even though they were raking in the bucks. They didn't want the kids to go hungry or be lacking like they went through. But, business has slowed and i think it's pinching them pretty hard. So, if anyone in the hunt for a "house..."
 
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#10
#10
That's why mine commutes from the house. I know there's alot of commentary on today's youth being at home longer. I did far more independent things nad running the open roads at 18 than most kids today. But, I also recall the damage and amount of time it took to overcome too much debt in a short time. I respect that he's not pushing to put that expense on us for him to move 8 miles. Heck, he's already fiercely independent in many ways. I have not done one single thing for his college career except the annual update of Fasfa. He does everything. If I try to question to make sure he has it all took care of, it's WW3. I will gladly extend housing for not having to baby a 20 year old mindless sheep.

1800 may be pushing the upper end, but 11-1500 is the norm. And the new high end apartment flats accross from the fair grounds are mortgage range up to and over 3G depending the size. I know a family trying to unload their 7K monthly mortgage payment house if anyone wants a 2-lane bowling alley in their basement. They haven't been exactly responsible even though they were raking in the bucks. They didn't want the kids to go hungry or be lacking like they went through. But, business has slowed and i think it's pinching them pretty hard. So, if anyone in the hunt for a "house..."
I get that the US is different, but in just about every country I've spent a lot of time it it is fairly unusual for kids to move out of their parents houses before they're in their mid-20s, and in a lot of cases before they're married.

When COVID hit and delayed a move we were about to make my wife and I moved back in with my parents for a year and a half. We got so ahead financially- totally out of debt and able to make some investments on top of it.
 
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#11
#11
I get that the US is different, but in just about every country I've spent a lot of time it it is fairly unusual for kids to move out of their parents houses before they're in their mid-20s, and in a lot of cases before they're married.

When COVID hit and delayed a move we were about to make my wife and I moved back in with my parents for a year and a half. We got so ahead financially- totally out of debt and able to make some investments on top of it.
Yes, in many countries, parents, grandparents, and grandchildren live in the same house.
Smart move and you were fortunate that your parents welcomed you both.
 
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#15
#15
I get that the US is different, but in just about every country I've spent a lot of time it it is fairly unusual for kids to move out of their parents houses before they're in their mid-20s, and in a lot of cases before they're married.

When COVID hit and delayed a move we were about to make my wife and I moved back in with my parents for a year and a half. We got so ahead financially- totally out of debt and able to make some investments on top of it.

We let our son, daughter in law and their 2 dogs move in while they were building, big mistake on our part. They reverted to teenagers after a couple of months.
 
#16
#16
For a time in 1980, I lived in my truck (1969 Ford F100 with a camper top on the bed). I used bathrooms at NMSU (thank you University veterans) and sometimes at friends’ houses. I parked in the pecan groves at night. Shortly after dawn, it was too hot to sleep, so I started my day. I was pleased as punch to have standard living arrangements again.
 
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#17
#17
For a time in 1980, I lived in my truck (1969 Ford F100 with a camper top on the bed). I used bathrooms at NMSU (thank you University veterans) and sometimes at friends houses. I parked in the pecan groves at night. Shortly after dawn, it was too hot to sleep, so I started my day. I was pleased as punch to have standard living arrangements again.
Yeah, a truck camper bed in New Mexico, whew... 🥵
 
#18
#18
I get that the US is different, but in just about every country I've spent a lot of time it it is fairly unusual for kids to move out of their parents houses before they're in their mid-20s, and in a lot of cases before they're married.

When COVID hit and delayed a move we were about to make my wife and I moved back in with my parents for a year and a half. We got so ahead financially- totally out of debt and able to make some investments on top of it.
Same in my 20's after first marriage. Got house sold, moved back accross town and stayed till I moved a few hours away with my job. My parents always said you never stop being parents. If something was needed it was offered even if you didn't ask. And I've only got the one child and he's a really good kid all aorund, and not just my bias opinion. And I was 37 when we had him. So, I don't mind the extra time.
 
#23
#23
My oldest has moved back in after graduation. He has a steady job (Still looking for dream job) and helps with groceries and household chores and pays part of electric bill. He is welcome to stay as long as he needs.

Sign of a good upbringing. Back to the house, but not freeloading.

Times are different and more expensive. If mine wants to hang around after graduation and pack some money away, I think that's prudent these days. Mine also foots some of his own expenses, but he only works part time and is just a Soph. in college. So, I don't ask or expect much. But, he has managed to already have upwards of 3G saved up. His friend he helps started this stuff in HS, skipped college, and has about 100K put up.
 
#24
#24
Given the price of housing around UT, a van is actually a pretty good investment. 3 BR apartments are in the $2500-3000/mo range. We are trying to work out something for our to-be sophomore. It's insane.
Hey, is it true that freshman dorm housing is not guaranteed this year? I’ve heard that from a few folks, didn’t know if that was true..(i have high school seniors.. one is going to Tech, but the other cannot make up her mind)
 

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