Western social setup is good for local economy?

[SindSagar]

@TLK

In USA and other western countries, kids leave their parent’s home after they turn 18. That means a brand new potential buyer for almost every household good (TV, Microwave, computer, furniture, car, apartment) is out there. That is a huge support to the local economy which relies heavily on consumers. Not only the new buyers of new goods popping up almost everyday but because of the demand of those goods, new jobs in manufacturing, marketing and retailing industries have been created regularly.

In Pakistan and similar countries, people dont move out, in fact generations live in the same house. That means that the same car, same sofa, same TV can serve generations. Less consumers out there means slow economic growth.

Is that a fair analysis on my part? You think that our social setup maybe great for building family values but not helpful for the economical growth?

Well TLK the West it seems has finally fallen back to the old ways…

41% of the young generation have moved back with their parents:

Boomerang Generation

But if you are talking about the appliance Industry…machines have limited life span they will wear out sooner with more useage!