Home sweet home for young adults

According to the Institute for Fiscal Studies (IFS), nearly half a million more young people aged 25 to 34 are living with their parents compared to two decades ago, with the proportion rising from 13% in 2006 to 18% last year. The report, titled Hotel Of Mum and Dad?, highlights that this trend is largely driven by soaring rents and house prices. Bee Boileau, the report's author, noted: "[The rise] has occurred alongside, and indeed has been fuelled by, increases in rents and house prices." While some young adults benefit from saving money by living at home, others face challenges such as relationship breakdowns or job losses. The data also reveals that men are more likely to live at home than women, with 23% of men compared to 15% of women in this age group. 

The Daily Telegraph (11/01/2025)