Long before the credit crunch adult children began to move back to live with their parents. The trend has been noticed since 2006 when 58% of men and 39% of women aged between 20-24 in England lived with their parents. This is an increase of 8% since 1991. Research this year shows that 1 in 5 adults now live with grown up children and a third of parents expect that their kids will live them past the age of 21.
In some households up to 4 generations are sharing the same property! One reason is the ever increasing amount of student debt, then the problem of getting on the property ladder, sometimes unemployment and sometimes it is just more comfortable emotionally as well as financially to be just looked after!
Kids - don't you just love 'em! What do you think?
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