>>>In the chinese culture, owing a home shows that you are responsible and it is not uncommon for a newly married couple to have their parents living with them. Visit these communities and you will see light of day. Now don't get me wrong. I have no issues with asian families. They are quiet, respectful and very helpful. You won't see an asian family having a BBQ until 2 am on a wednesday night keeping up all the neighbours like someone straight out of Texas. They respect their neighbors and their home.

(…or for that matter go with you on your honeymoon :(. )
And regarding the parents living with the kids. My wife and I am seriously considering buying another place…because she wants her parents to permanently live here and I wouldn't be able to even tolerate my own parents living in the same roof with me (no disrespect to my parents…I lovely them dearly. But we would end up killing each other). I would opt to rent my inlaws a place, except that would be disrespectful. As such, it makes no financial sense to do this,  but keeping my sanity is priceless. Sometimes I wish we didn't have the means to do this because then I could just say they can't live here permanently because I will go insane and we can't afford another place.