daftandbarmy
Army.ca Fossil
- Reaction score
- 38,082
- Points
- 1,160
Good thing this isn't an issue anywhere else... oh, wait :
Record numbers of young adults in UK living with parents
ONS notes 46% rise since 1999 in number of 20- to 34-year-olds returning home
Record numbers of young adults in their 20s and 30s are living with their parents, according to official figures, with critics blaming soaring house prices and rents.
The Office for National Statistics (ONS) said that over the last two decades, there has been a 46% increase in the number of young people aged 20-34 living with their parents. Over the same period, average house prices have tripled from about £97,000 to £288,000.
In total, 1.1 million more young men and women are now living at home, with the number increasing from 2.4 million in 1999 to 3.5 million in 2019.
Men are far more likely to be staying with their mum and dad into their 30s. The ONS said 32% of all males aged 20-34 are now living with their parents, compared with 26% in 1999, with most of the increase occurring since the financial crisis in 2007-08.
One in five women (21%) aged 20-34 live with their parents, although this is also a substantial increase from the 14% level of two decades ago.
Quite why so many more men than women stay at home in their 20s and 30s is not entirely clear.
When the ONS issued a report earlier this year on the “Journey into adulthood”, it said: “There are a few possible reasons for this: women have traditionally moved in with a partner at younger ages than men; women are also more likely to go to university; and there is some evidence that, early in their careers at least, women have been known to earn more than men.”
https://www.theguardian.com/uk-news/2019/nov/15/record-numbers-of-young-adults-in-uk-living-with-parents
Record numbers of young adults in UK living with parents
ONS notes 46% rise since 1999 in number of 20- to 34-year-olds returning home
Record numbers of young adults in their 20s and 30s are living with their parents, according to official figures, with critics blaming soaring house prices and rents.
The Office for National Statistics (ONS) said that over the last two decades, there has been a 46% increase in the number of young people aged 20-34 living with their parents. Over the same period, average house prices have tripled from about £97,000 to £288,000.
In total, 1.1 million more young men and women are now living at home, with the number increasing from 2.4 million in 1999 to 3.5 million in 2019.
Men are far more likely to be staying with their mum and dad into their 30s. The ONS said 32% of all males aged 20-34 are now living with their parents, compared with 26% in 1999, with most of the increase occurring since the financial crisis in 2007-08.
One in five women (21%) aged 20-34 live with their parents, although this is also a substantial increase from the 14% level of two decades ago.
Quite why so many more men than women stay at home in their 20s and 30s is not entirely clear.
When the ONS issued a report earlier this year on the “Journey into adulthood”, it said: “There are a few possible reasons for this: women have traditionally moved in with a partner at younger ages than men; women are also more likely to go to university; and there is some evidence that, early in their careers at least, women have been known to earn more than men.”
https://www.theguardian.com/uk-news/2019/nov/15/record-numbers-of-young-adults-in-uk-living-with-parents
