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Two million working adults live with parents as they struggle to buy own home

August 5 2014

Around two million working young adults are still living in their parents’ homes because they can’t afford to get on the property ladder.

Data take from the Census by charity Shelter revealed there are 1.97 million adults, aged 20-34-year-old, unable to move away from mum and dad.

Forty eight per cent of 250 young adults who live with their parents said they do so because they cannot afford to rent or buy their own home.

Several areas proved to have a much higher proportion of young adults living at home, according to Shelter’s analysis of the Census data.

Hot spots for the nation’s ‘clipped wing’ generation include Castle Point in Essex where 45 per cent of working 20- to 34-year-olds live with their parents and Solihull where the figure is 38 per cent.

Campbell Robb, chief executive of Shelter, said: “The ‘clipped wing generation’ are finding themselves with no choice but to remain living with mum and dad well into adulthood, as they struggle to find a home of their own.

“Rather than pumping more money into schemes like Help to Buy, we need bolder action that will meet the demand for affordable homes and not inflate prices further.

“From helping small local builders find the finance they need, to investing in a new generation of part rent, part buy homes, the solutions to our housing shortage are there for the taking.

“Politicians of all parties must now put stable homes for the next generation at the top of the agenda.”

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