More young Swedes living at home: survey
Published: 30 Sep 10 12:34 CET | Print version
Online: http://www.thelocal.se/29340/20100930/
An increasing number of young Swedes continue to live with their parents after turning 18 compared with three years ago, a new survey has revealed.
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Among those aged 18 to 29, the percentage has also grown to 25 percent from 20 percent in the corresponding time period. At the same time, the survey shows that an increasing number of young people are neither working nor studying, with the figure now standing at 13 percent compared with 10 percent in 2007.
The survey also shows that half of the young people living at home do not contribute financially to household expenses. However, nearly all of the respondents would be prepared to pay for living at home.
"Young people do not bring up the question voluntarily and parents are too cautious to raise the issue," said Nordea private economist Ingela Gabrielsson, who thinks that parents should do better about asking their children to cover part of their living expenses.
"I think about 2,000 kronor ($300) is a reasonable amount," she added.
Relatively few young people receive an allowance and they are saving more.
"There are many positive signs from this," said Gabrielsson.
Those aged 18 to 21 will continue to experience challenging financial circumstances in the years to come despite having reason to be confident about the future, according to the economic forecasts contained in the Nordea report.
"Eighteen to 21-year-olds have it pretty tough, but for those slightly older, it is a pretty rosy picture," said Gabrielsson.
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In the UK I know people in their 30s still no house because its to expensive in London and the South East
This country is incapable of providing enough housing for people and struggles highly with providing jobs for under 25 but they expect you to move out anyways? or pay rent to your parents? come on....... being a parent doesnt stop when your child turns 18..... it doesnt mean your child turns into birthday and christmas visits........ unless my kid goes off to college i would encourage him to stay home after highschool and try to find a job to save up a nice savings to go out into the real world with
Agree, there is nothing wrong to live with parents. It actually very good both mental and physically. You will not easily end up with some sort of psychological problems.