Boomerang generation sees 3.5m still at home
MORE than a quarter of young people have never moved out of their family home, official figures show.
Many of the 3.5million go back to living with their parents after university due to the high cost of setting up on their own – a phenomenon which has seen them dubbed the ‘boomerang’ generation.
The number of those aged 20 to 34 residing at their family home has soared in the last two decades. In 1999, the figure was 2.4million, meaning a rise of 46 per cent.
It is a trend strengthened by young people delaying marriage and children until they are over 30 or putting off formalising their relationships with partners.
Deciding to stay in education and training for longer could also be a factor, according to the Office for National Statistics.
Its report said: ‘Over the last two decades, there has been a 46.3 per cent increase in the number of people aged 20 to 34 living with their parents, increasing from 2.4million in 1999 to 3.5million in 2019.
‘This is equivalent to more than a quarter of young adults of the same age group living with parents in 2019. This number has not changed significantly since 2018.’
The number of young people living with their parents past the age
‘Parents can lose feelings of control’
of 30 has gone up fastest in London, where housing costs are highest.
More sons than daughters are staying at home, the figures reveal. The 3.5million total is made up of 2.14million men in their 20s and 30s, but just 1.35million women.
Last year researchers warned that parents could miss out on enjoying a new lease of life if their children fail to leave home.
Academics at the London School of Economics said they can suffer a loss of ‘feelings of control, autonomy, pleasure and self-realisation in everyday life’.
This has ‘a substantial effect on quality of life similar to developing an age-related disability, such as difficulties with walking’.
The ONS figures come from the Labour Force Survey which interviews 300,000 people each year.