More and more young adults are having to live with their parents.

in 1980 nearly 50% of 18-34 year olds lived in their own home with their children. Today it is 20%.

The dream of a home of your own for the young has become ever more distant.

Not since 1876 have house prices been as expensive relative to earnings. Between 1910 and 1990 the average house price was ~ 4 times average wages. Now it is 9 times. In the mid-1990s it took around three years to save for a deposit now it takes around 13 years.

There is more in the Financial Times.

There are consequences for society as well as individuals.

Research published in 2016 revealed that "A 10 per cent increase in house prices leads to a 2.8 per cent increase in births among owners and a 4.9 per cent decrease in births among renters. Once calculated at the mean homeownership rate, the net effect is a 1.3 per cent fall in birth rates."

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