Emeritus Prof Christopher May on Nostr: And so the bank of mum & dad, faced with ever spiralling housing costs (purchase & ...
And so the bank of mum & dad, faced with ever spiralling housing costs (purchase & rent) has morphed into the hotel of mum & dad as boomerang families find their adult children returning home.
What we might make of the impact on the lives of children & parents in this situation to some extent depends on how long we might expect it to last; and whether its a temporary measure to allow saving to build up, or reflects the paucity of good jobs for 20-35 yr olds?
#housing
https://www.theguardian.com/society/2025/jan/11/hotel-of-mum-and-dad-in-uk-at-its-fullest-in-two-decades-study-finds
What we might make of the impact on the lives of children & parents in this situation to some extent depends on how long we might expect it to last; and whether its a temporary measure to allow saving to build up, or reflects the paucity of good jobs for 20-35 yr olds?
#housing
https://www.theguardian.com/society/2025/jan/11/hotel-of-mum-and-dad-in-uk-at-its-fullest-in-two-decades-study-finds