Record numbers of young forced to live at home

Masomnia

Well it's something like 40% of males have a degree vs 50% of females, so the gap there is big, more female students alone means more are likely to be away from home studying.

ruggedtoast

MrRee wrote: »

They are staying at home for multiple reasons:-

1. They are living rent free and saving like mad.

2. They are marrying much later.

3. They are having children much later.

4. The parents are also saving to pay their kids deposits of 25%.

It suits everyone all round ...... certainly I paid for my offsprings deposits of around 25% on the properties. I didn't have any help when I left home at 20 ..... but that was a different time.

They are staying at home for one reason.

1. They are skint.

CLAPTON

ruggedtoast wrote: »

They are staying at home for one reason.

1. They are skint.

life is more complicated that your narrow minded bigoted one track view

you are wrong

Loughton_Monkey

ruggedtoast wrote: »

Yes, they are a solipsistic lot alright.....

This is rather an outlandish idea. Not least because neither your mind, nor anyone else's has been proved to exist.

IveSeenTheLight

JencParker wrote: »

Well I hope things have improved when your children are earning because I can assure you that 50% of a typical graduate salary is not enough to cover the cost of shared living in the capital!

I understand that costs vary throughout the land, however there are still options within commutable areas to London for the young to share.

JencParker wrote: »

PS - why are you waiting until they are earning to teach them the value of money and saving?

I am not, my 2 and 4 year old already are able to count small denominations and know that they have the options how to spend their weekly allowance.

If they want something that they can;t afford on their weekly allowance, they know they have to put it away in their piggy bank until they do have enough.

It's a vast expectation to think that a two and four year old can understand the economics of running a household at this stage though.

IveSeenTheLight

Thrugelmir wrote: »

Record numbers of young forced to live at home

Perhaps they have less of an obsession with property ownership than their parents. Considering they are likely to be working until their 70. No need to rush to get on the ladder.

Perhaps, of course also a possibility that they are staying at home to save more and get on the "ladder" at the earliest opportunity.

There's no way with the information at hand to conclude either way.

Prothet_of_Doom

FR_262 wrote: »

That 'nutter landlord' is the parent whose child has left home to live with another 'nutter landlord'.

I know, let's all swap children when they reach 18!

Not being sarky there, just taking an idea to an extreme.

I'm a landlord and have a house of multiple occupancy (HMO) in which there is one young man who has made his room his home.

My rooms BTW start at £63 inc bills, broadband and cleaning. So young people can afford to move out if they want to. Got to have a job though, but hat's always been the case.

Working away from home 4 nights a week, I usually start a 9 month or 12 month contract in a cheap B&B and then look for a room as close to the client as possible (mainly because I like to cook)

So over 4 years I have rented 7 rooms in shared houses, of which 4 were shared with the owner and landlord.

I'm not a typical lodger, being in my 40's, married, with Children on the verge of adulthood, and am totally house trained, and will wash up anything left in the sink, whilst I'm cooking, will use a coaster under my coffee cup, listen to music with headphones.

Without fail all but one of the 7 places I have enjoyed the company of people I'd never have met, found out about cultures and countries I've never been to and made friends with most of the people.
Apart from one OCD nutter christian freak. A guy so paranoid, that every day he had a complaint about something. Like not using the extractor fan when using the kettle. Like being annoyed that I moved the furniture in my room, saying that I was being disrespectful. Like showing me a peice of fluff he'd found on the stairs, and demanding to know why I was disrespecting him by just treating his house like a slum. (Fluff from my socks possibly because I'd Failed to wear slippers which in itself is unforgivable). Complaining that I'd woken him at 3am, by flushing the toilet. Complaining that I'd adjusted the room thermostat in MY room.

Like going on about the fact that I'm going to be judged on "the day" because I don't pray.

Actually when I type it, it all seems so trivial, but everything he said he said with such anger, and bitterness.

The others, all the others, all the people I shared with (In total maybe 20 people, from all over the world), absolutely great.

Currently renting a self contained ground floor cottage, on a farm. Not sharing with anyone, chosen because my wife refused to visit midweek when I was sharing, (and she ahs visited a few times last summer) but I've noticed that being alone 4 nights a week affects my mood. Especially in winter.

duchy

MrRee wrote: »

They are staying at home for multiple reasons:-

1. They are living rent free and saving like mad.

2. They are marrying much later.

3. They are having children much later.

4. The parents are also saving to pay their kids deposits of 25%.

It suits everyone all round ...... certainly I paid for my offsprings deposits of around 25% on the properties. I didn't have any help when I left home at 20 ..... but that was a different time.

A "job for life" is a thing of the past so many people see no benefit in buying early as they know they may need to be flexible geographically later to keep or secure new employment.

mayonnaise

ruggedtoast wrote: »

The pictured yoof looks very employable, full of drive and ambition. I wonder why he hasn't been headhunted yet.

Loughton_Monkey

mayonnaise wrote: »

The pictured yoof looks very employable, full of drive and ambition. I wonder why he hasn't been headhunted yet.

I suspect they tried to headhunt him, but he was out spending £300 on his trainers at the time they phoned.....

THis is, of course, an American photo, taken from an almost 2 year old article in Time magazine on the very same topic in America.

Being 30 and Living With Your Parents Isn’t Lame — It’s Awesome

Written, it seems, without doom mongering or chips on shoulders, the article is rather more bullish about the prospect of living with mom [sic] and dad.

http://business.time.com/2012/03/20/being-30-and-living-with-your-parents-isnt-lame-its-awesome/

Perhaps Rugged should emigrate to USA.