Most renters consider moving back to the family home - new figures

I respect the decision of those who go back to their parent's home; they are honest and realize they can't afford to live independently, unlike tenants in arrears who think that Landlords are a substitute for their families.

Anyone who wants to buy a house would be well advised to stay at home to save up the deposit rather than rent. Once you rent - and especially if you then have a baby - the prospect of buying diminishes rapidly.

When l left home at 19 (a long time ago now!) I was told in no uncertain terms "You are never coming back here, no matter what happens in your life, do not ask. No safety net, kid, so you better make it work." So l did.
Granted, it was somewhat easier back in the 80s.

My parents did the same !!!! Different time in the 70s. ….I have helped both my kids to buy their own places ….. it is much more difficult for young people today … thank heavens for bank of mum.

You’ve broken the cycle Simon …. Hats off to you. Wonderful.

Tricia, good idea live at home for free like many get your cooking, washing done, the baby loved and minded.
Alternatively don’t save, rent go on Benefits and Holidays but the construction workers will never be able to Build enough for you.

My dad always said that he worked for his sons and his sons' children. So I had to work hard and left home when still at school. I worked in Sainsburys on Friday night and Saturday. I earned good money, sufficient to pay my rent, which was in a hostel in Hampstead, which was a bed and breakfast. The rent was incredibly cheap, as the huge house with beautiful gardens was left in trust by a very wealthy man to provide home for visiting ladies/girls from outside London. I now believe God has always given me companionship and support whenever I needed it without me asking. I worked very hard at work and self educated in areas that was in demand and paid very well, whilst working. At a young age, I started to buy properties. Early on, I had 2 or 3 jobs. When you are young, you have a lot of energy. So why are young people wasting time on something that do not help them. Staying with parents and saving for their future is essential and they can be independent for life. When I was helped in that house. a long time ago, I vowed that I wish to help in similar way if I ever get rich. So one of my houses is rented at a lower rent to young people who are working but do not earn much and get some UC. Maybe leave a house to that charity or put a house in trust for providing cheap accommodation to visiting young girls/ladies. The house currently rented to the charity only lets to men. So I need to consider whether to leave it with this charity or put it on trust for ladies only. I may visit my old hostel and see if they are still running as a home for ladies and their policies. My dad passed away last year at age 93, and left all the properties to one brother, older of the two. I am the eldest. My dad had given one cheapest property he owned, to my younger sister at my mum's request to give something to her 2 daughters as well. My youngest brother lost his temper on more than one occasion with my dad so his name was removed from all properties and was given one of the other properties, as a sole owner as the brother did not want 50% share in all the properties. I really said to both my parents that I did not want anything. That was when my dad was 80, as I had become fairly successful, even though I lost about half million pounds in stupid unpaid loans and joint venture schemes. My dad did gave me some cash before covid. My brother wants to give me one property now, but I have clearly told him, that I have sufficient properties and do not need any more. My brother feels that the cash was for my wedding, which my parents did not pay for. Apart from this, we all were very close family and got on well. I took my dad to Panama when he was 80. We enjoyed the holiday together and then my husband and I took him to our apartment in Cyprus. He said he had never had a holiday like that before. I miss him so much, even miss my mum, who passed away almost 10 years ago. My dad was a good listener and quietly spoken and very positive person. I learnt a lot from him. I have umpteen uncles, my dad's brothers who feel I am like my dad in a business sense, more so than either of my 2 brothers. This is a great compliment in my extended family. We do have a lot of family functions. Young people need some help from parents and these young people need to know their responsibilities too.

Vibha. Straight from the Shoulder what can I say only admire your honesty it’s all a bit too personal. Looks like you have virtually written two or three Wills there on the hoof. I wish you well.

Well done, Vibha. You are correct about having energy when you are young. In my youth I was able to work at a fultime job and a part time job. Now, while I am still working, they are very part-time jobs. I do not have the energy, or the health, for much more.

Today’s generation thinks it was easier back then because they weren’t there but it wasn’t.
I lived it back in the ‘60’s I worked I remember working 7 days a week for over 11 months with ever missing a day until Xmas got in the way.
However generally for standard 6 day week to include 4.00 o’clock Saturday the pay was £17-10s

What could you do with £17-10s pw and take home pay £15-0-0 after stoppages, now pay your digs, travel and live after that, no it’s real £17.50 pw not per hour.
No phone access, mobiles, Sky, Netflix,or Flying of everywhere, the only takeaways were Chippies Chicken & Chips 3s-6d or Fish & Chips 1s-9d now haven’t that price reversed, we had to pay for towel hire and use public baths mostly.
We had 2 channel slot hired TV that you put-in your .6d some didn’t have BBC 2 because they needed an extra aerial on the chimney. I could write the Book but won’t bore you. Virtually no one on Benefit, unmarried mothers, or any over weight people with 4ft bottoms or any Housing Allowance, That’s another thing I never had a penny off the State.
Now far too many people sitting there eating themselves into Disability ill Health & Benefits look around you its a disgrace.

Can’t blame them , at least you can trust your parents unlike politicians