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Shelter: Nearly 2m working adults still living with parents

Nearly two million 20-34-year-olds are still living with their parents despite being in employment, according to a housing charity.

A survey commissioned by the charity also found that nearly half (48%) of 250 young adults who live with their parents said they do so because they cannot afford to rent or buy their own home.

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Shelter: Young need 'bolder action' than Help To Buy

Young people need "bolder action" than the Government's flagship Help To Buy scheme if they are going to be financially independent enough to move out of their parents' home, a housing charity said.

Campbell Robb, chief executive of Shelter, said:

The 'clipped wing generation' are finding themselves with no choice but to remain living with mum and dad well into adulthood, as they struggle to find a home of their own...

Rather than pumping more money into schemes like Help to Buy, we need bolder action that will meet the demand for affordable homes and not inflate prices further.

From helping small local builders find the finance they need, to investing in a new generation of part rent, part buy homes, the solutions to our housing shortage are there for the taking.

Politicians of all parties must now put stable homes for the next generation at the top of the agenda.

– Campbell Robb

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