We are not alone. The phenomenon taking place here is also raging in the U.K. According to this survey of British home life,
Nearly one in ten parents have grown-up children living with them--young adults who have been "priced off the housing ladder."
The parents are not only looking after their kids well into adulthood, but are also caring for grandchildren.
One in four give regular financial help to their grown-up children; 7 per cent don't get any financial contributions for the household from their adult children.
The biggest help these parents of grown children are giving, this survey says, "is by funding their grown up children's housing costs, by allowing them to carry on living at home for free."
Comments