Wednesday 30 May 2012

Generation of mummy’s boys and daddy's girls created by property market??


According to the Office for National Statistics, the number of people between the ages of 20 and 34 who have yet to leave the family home has increased between 1997 and 2011 by a staggering 20 per cent.
This rise in numbers correlates with a period in which property prices rose sharply, deterring hundreds of thousands of young people to leave the family home, opting to remain at home with their parents to allow them to save up to give them a much needed boost onto the property ladder.

However, while the trend applies to both sexes, the studies show that young men are two thirds more likely to be living with their parents in their 20s and early 30s than young women in Britain.
Over 1.8 million men in the given age-group currently live at home (one in three)  compared with 1.1 million women, (one in six.)
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