Firstly, I don't think there are enough part-time or temp jobs
out there that pays enough for youngsters to afford a house by the
end of the holidays.
Secondly, I don't think their parents will allow them to stay in
the new house on their own even id they managed to buy their own
house.
Thirdly, after buying the house, the property tax, electrical
bills, water bills will be too much for the child to bear during
school term. The extra expenditure will become a burden to the
parents.
Lastly, money is used to improve the enjoyment of our lives. For
some, being able to afford food, clothing and shelter is an
improvement on their current situation. They can derive greater
enjoyment from having food, clothing and shelter. For shade343,
buying a house is an improvement and he derives enjoyment from
owning and staying in the house. for children staying with their
parents and are unable to stay on their own, they derive greater
enjoyment from a new PSP, ipod nano etc. To all the above
mentioned, their money is well spent.