Monday, 26 January 2015

Housing Crisis Could Leave FIVE MILLION Young Brits Stuck At Home with Their Parents

The housing crisis means the number of young people living with their parents could hit five million by 2020. There are 3.35 million 20 to 34-year-olds still living with mum and dad – up 470,000 since 2010. And Shadow Housing Minister Emma Reynolds warns this could reach five million if housing costs rise. It comes as figures show young people have been hit hardest under the Tory-led Coalition, with their earnings £1,750 a year lower than in 2010. Analysis by the House of Commons Library found people in their 20s need to work 162 extra hours a year to earn the same as they did five years ago. Read more on the Daily Mirror website.

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