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Cycling is ten times more important than electric cars for reaching net-zero cities
(theconversation.com)
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No, the commute and car ownership is literally cheaper than paying the extra rent.
My mom only charges me $500/month, last I looked rent for places that aren't even comparable to what I have now were about $1500/month, and my car is costing me about $250/month. That's a difference of $750/month, and my quality of life is way better.
What you're suggesting is completely unreasonable for me.
However I admit that my comment about homelessness is likely wrong on further analysis. But it remains to be seen what happens with the housing market in the intervening years.
I think you misunderstood my comment. I was agreeing with you. If you're staying with family, that's almost certainly financially better than getting your own place. What I was saying is that you didn't answer the second option: What if you got a job closer to home? You don't have to answer it here, but I'd just recommend reviewing it by yourself.
If you make $40K/year, your 37km commute probably costs you ~15% of your net income. Getting a slightly worse paying job within biking distance of your current home could leave more money in your pocket.
I see, I did misunderstand.
Unfortunately being in a small town means there are limited options, and most of them I've used already. Some I could go back to. But really this is about the best I've found.
The real option is to start a business, but I'm enjoying life more than I ever have at the moment, and I don't want to give that up and go back to working all the time. I probably will eventually, because I hate working for people who I think are stupider than I am.