What would you do if you were in my situation?

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I have a friend who is 29 years old, single and still living with his parents. He keeps telling me that is so frustrated with the fact that by now, he should already have had a family of his own and not having to be the one shouldering most of the expenses in their household. His parents own a small business and most of his siblings are already married except for the youngest who is still in college. Aside from the bills, he also takes care of their groceries and his sister's tuition fee in school. I told him that I think it's already time that he moved out of their house and start a family of his own because he is not getting any younger anymore, but then, he just cannot make up his mind. He keeps making excuses, although I think that he is really afraid of being independent. It even came to point where we had a heated argument regarding his issues. Honestly, I'm already fed up and don't know what else to do. He is a very good friend of mine and I don't want to see him miserable someday. Am I missing something here guys..?