News
Narjas Zatat
May 19, 2016
We are the ‘clipped wing’ generation: with years of economic strife, housing prices at an all-time high and rents seemingly even worse, it's no wonder that more than a quarter of working adults are still living with their parents, unable to afford living out.
Research conducted by Eurostat, the statistical arm of the European Union, shows that young adults are struggling with being financially able to live independently, all over the continent.
Statista created the following graph to showcase the data:
The findings show that the most independent 25- to 34-year-olds live in Norway, Sweden and Finland, where less than ten per cent live with their parents.
Of adults from the UK, Germany and France, between 10 and 20 per cent still reside at home.
While financial imperitives do influence the decision for adults to stay at home, it may also be cultural in nature.
Greece and Bulgaria have 50 per cent of their 30-year-olds living at home.
Greek familial ties are traditionally very strong, and it isn’t uncommon for several generations to live under one roof.
More: This map shows the most poverty stricken nations in Europe
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