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1.6m people aged 20-40 'living with parents'
mystic_trev
Posts: 5,434 Forumite
More than 1.6 million people aged 20-40 are still living with their parents because they cannot afford their own home, a report suggests.
More than 5,000 people were surveyed by YouGov for housing charity Shelter.
Campbell Robb, chief executive of Shelter, said: "These figures paint a vivid picture of 20- and 30-somethings in arrested development."
http://www.bbc.co.uk/news/uk-19936477
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My DD is at home because it's cushy, rent free and food provided on the days she's here. I've told her she's not allowed to stay till she's 40.Spend less now, work less later.0
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Hang on. A survey conducted for Shelter by YouGov?
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I've got too much pride to live with my parents. I chose to leave London so that it would be cheaper to rent and I'd much rather rent than move home again.0
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Obviously housesharing isn't an option.....0
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I can definitely see it having an impact on relationships. I'm not the most go-getting person in life and even I would side-eye someone living at home in their mid thirties, without good reason.Emergency savings: 4600
0% Credit card: 1965.000 -
As the boomers have sown, so shall they reap.0
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My DD is at home because it's cushy, rent free and food provided on the days she's here. I've told her she's not allowed to stay till she's 40.
This is the problem -- too much mollycoddling the young in this country.
I turned 40 this year. I moved out of home for uni at 18, and never looked back.
We are raising a generation of Mummy's boys and girls0 -
I think in a lot of cases its greediness, they want their own property and see the only way to get it as quick as possible is to live with parents - personally I'd rather rent for the rest of my life!"You've been reading SOS when it's just your clock reading 5:05 "0
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To be fair my DD has only just finished education and is only working part time so can't afford a place of her own. She did move out for a year at the age of 19 but still needed some help from us due to part time/studying. Fortunately, her BF has his own place, so she's only here part time now too.Spend less now, work less later.0
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First the young are told they can't afford houses because they need to live like their parents did and stay at home until they can afford a house.
Then the young are told they need to be independent like their parents were and move out at the first opportunity.
Consistency as always.0
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