09/29/2011 09:29 pm ET | Updated Nov 29, 2011

Why Rent When You Can Nest?

A FRIEND of mine named Eugene who is 28 and an investment banker lives at home in Connecticut with his parents. He can afford to live on his own, but he doesn’t see the point. He’s putting the money he would have spent on rent toward co-ownership of a pizza restaurant. And when he wants to stretch his limbs, he drives to his girlfriend’s apartment.

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