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Back with Mum and Dad

August 22, 2016

lifestyle

 

Do you remember the first time you flew the nest? For most it happens not long after they leave school for university, finding a full-time job, or taking the ever popular gap year.

When I was growing up I lived in a household of nine people (not including the cat and the dog) covering four generations of my family – my great aunt nan was a teenager at the outbreak of the First World War.

The multi-generational household disappeared for a while, but with house prices rising and soaring youth unemployment, 73% of young people who left when they turned 18 have returned to the parental home, some up to three times.

Image by stuartpilbrow

Money, money, money

The financial benefit is almost immediate with an average monthly saving of £225. In 2015 there were 20% more people aged between 20 and 34 years of age living with mum and dad than there were in 1997.
More than a third were looking for a job while 30% were at that transition period waiting to go to university, and less than a fifth were in the parental home while they were studying.

Three years is the average length of time for the first return, with each subsequent time getting shorter – usually less than a year on the third return.

It’s actually a pretty good deal

There is sometimes a stigma attached to going back to mum and dad, but many have little choice. But let’s face it, it’s not all bad; you save money, you may even manage to wangle getting your washing done from time to time, and if the culinary talents are half as good as my elders, then there will be more than a few decent meals.

Why have you returned to the family home? How long has this visit been? Let me know in the comments below!

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