They're known as "kippers" - kids in parents' pockets eroding retirement savings - this generation of youngsters know they've got it made at home with mum and dad, and are reluctant to get out on their own.
The latest research from the Housing Industry Association reveals that the proportion of generation Y - those born between 1976 and 1991 - now living at home reached more than 50 per cent in 2006. That means nearly one in five 25- to 29-year-olds is still at home.
The latest research from the Housing Industry Association reveals that the proportion of generation Y - those born between 1976 and 1991 - now living at home reached more than 50 per cent in 2006. That means nearly one in five 25- to 29-year-olds is still at home.
This is an exert from an article that recently appeared in the Sydney Morning Heralds Domain section on a Saturday. It is quite insightful to both the life of the 'boomer' parent and that of the 'kipper' child. Read the full article for more....
Here is another great article on travelling grey nomads, which goes into detail about how they travel, what they take with them etc...
1 comment:
I honestly think parents enjoy the company of their adult children. They would prefer it over only seeing their kids on Easter and Xmas.
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