Property News · October 24, 2015

Home invasion: fifth of adults live with parents until they're at least 26


Astonishing UK house prices, soaring rents and lack of jobs keeping young people with family, and 20% struggle to contribute financiallyIt has been dubbed the hotel of mum and dad but few guesthouses have such favourable terms. As the housing crisis bites, a fifth of young adults are staying in the family home until they are at least 26, and the same proportion are not paying a penny towards their keep. A survey by Nationwide, the building society, found that the proportion of adults living at home varied around the country, from just under 9% in the east Midlands, to more than double that in London, where house prices and rents are highest. While many around the country contributed financially, it found that 20% were paying nothing at all. Continue reading…

Source : theguardian.com
Read more…Home invasion: fifth of adults live with parents until they’re at least 26

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