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More young Swedes living at home: survey

TT/The Local · 30 Sep 2010, 12:34

Published: 30 Sep 2010 12:34 GMT+02:00

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Fifty-four percent of Swedes aged 18 to 21 continue to live at home, up from 45 percent three years ago, according to a Nordea survey of 1,000 young people in the age group.

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.

Story continues below…

"Eighteen to 21-year-olds have it pretty tough, but for those slightly older, it is a pretty rosy picture," said Gabrielsson.

TT/The Local (news@thelocal.se)

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Your comments about this article

13:04 September 30, 2010 by Rishonim
But when you are 18 you are still in high school so where does the researcher expect them to go?
13:51 September 30, 2010 by rumcajs
There's nothing wrong with living at your parents if you have a good relation with them. Personaly, I wouldn't move if I don't have a girl friend.
13:58 September 30, 2010 by glamelixir
They finnish high school at 17/18 and it has always been common in Sweden for kids to become independent at that age. This is related to a new political and economic model. To long to explain in a post.
15:03 September 30, 2010 by Rishonim
Si I guess this practice makes many parent happy. Finish your high school, have a party around town in those loud lorries and after the hangover please move out.
17:45 September 30, 2010 by JLondon
With housing shortages, and no jobs its very optimistic I think in your 20s to be able to support yourself 100%

In the UK I know people in their 30s still no house because its to expensive in London and the South East
19:18 September 30, 2010 by Youdee
Our 21-year-old "mambo" was EXTREMELY helpful when my husband had cancer. He never hesitated to drive his dad to the hospital in the middle of the night for catheter irrigation -- even though he had classes the next day. Next term, he's leaving for studies in the US, and we'll miss him and his FWBs.
19:23 September 30, 2010 by Sam1
Mambo!!! because sometimes in this country its hard to find some one to say hello too without benefits, and only your parents do not look at you as an opportunity and visit your or stay by your side because they genuinely love you, Most of them!! Not all :-)
20:26 September 30, 2010 by kenny8076
the purpose of parents is to make sure you set yourself up for success in th future. I was an idiot when i was 18 and got a really good paying construction job. Got all cocky and moved out into an apartment...... 2 years later the job finished and we all got laid off.... if i would have stayed home for a couple years while workig out of highschool i could have saved up and had a nice nest egg to move out with. instead i had to go begging back to mom and dad with my head down.

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
21:05 September 30, 2010 by tuerd1982

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.
03:42 October 1, 2010 by Bender B Rodriquez
@glamelixir: Most swedish kids still start elementary school the year they turn 7 which means that they will graduate gymnasiet the year they turn 19. So they are not 17/18 but instead 18/19...
10:46 October 1, 2010 by Elias06
Young swedish dont want to leave home because they love their parents , not a housing problem
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