Excite

Young people ‘harmed’ by housing costs

Sky high housing costs are preventing young people from leading full, independent lives, a charity warned.

Shelter said that property prices are damaging the social, emotional and professional lives of 18 to 34-year olds, and effectively stopping them from growing up.

A survey by YouGov found that 22% of youngsters ages 18 to 34 have been forced to move back home with their parents because they can’t afford their own place. A further 20% are delaying having kids until they can afford to buy a place and, 31% admitted they they were, or knew someone who was, in a relationship they didn’t want to be in because of housing costs.

Shelter chief executive Campbell Robb said: ‘It used to be the accepted path for young people that you grew up, moved out of the family home and started a life of your own.

‘What this research shows is a fundamental shift in society, with young people today unable to make the same life choices as their parents and being robbed of the opportunity to lead full and independent lives.’

He continued with this stark warning to the Government. He said: ‘There is a complete absence of any strategy as to how we are going to solve these absolutely fundamental issues. The Government must act now and set out its plan for addressing our housing crisis, or face this and future generations being completely priced out of a place to call their own.’

United Kingdom - Excite Network Copyright ©1995 - 2017