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Young people are switching from private renting to living at home. In 2012-2014, a third of people aged 20-24 were private renters. This has fallen to 28%, while the proportion of people the same age living with parents has risen from 51% to 56%. Read more ⬇️ buff.ly/k30vVVD

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Parents want their houses to inflate in value. Parents do not want their children’s wages to rise nor have our government do anything to reduce their reliance on bank loans. So they’re stuck with having children live with them in hops one day their children can afford to buy their houses.