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29/07/2014

48% Of Working Adults In England Live With Their Parents

Currently a quarter of all 20 to 34 year old working adults in England are living with their parents, according to new research from Shelter.

A lack of affordable housing was the main reason and many can't afford the rent prices.

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Hotspots for the 'clipped wing generation' include Castle Point in Essex where 45% of working 20-34 year olds live with their parents; Knowsley in Merseyside where it's 42%; and Solihull where the figure is 38%.

Over half of working young adults worry that living in the family home is holding them back from leading an independent life.

The latest government figures show average house prices for first-time buyers in the UK have risen by 11.3% in a year.

(CD/MH)

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