This debate usually comes with, is it a good idea to move out until you married, established.
If you finish college, get a good job, and live with your parents till you 30, you saved a grip. Enough to buy a house in a good neighborhood. If you do that, if nothing else, you set your kid up to go to a good school, which is important as fuck.
Immigrants from overseas usually do this. And its a lot of benefits.