BusinessPostCorner.com
No Result
View All Result
Friday, May 16, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

House prices and mortgage costs: Why adult kids can’t leave home

January 19, 2025
in Business
Reading Time: 1 min read
A A
0
House prices and mortgage costs: Why adult kids can’t leave home
ShareShareShareShareShare

Energy prices rising, rents soaring at 9% a year, house prices at – or close to – record highs: it is easy to see why more people are still living in the family home in their 20s.

That is particularly true of adult sons still living with their mums. But does it work?

“He pays us rent. He’s as good as gold. He’s contributing to the household,” says Anne Thompson, about her son Will. But he’s not perfect.

“I’m still doing his washing.”

For his part, Will, who is approaching his 25th birthday, says living with his mum works. However, he would love to move out and move on but prices are too high where they live in Cornwall.

“I want to do my own thing but Covid didn’t do us any favours,” he says. He looked at one flat just before the pandemic, only to find the rent had tripled following the lockdowns that made coastal and rural properties more popular.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Sam Altman says the kid he’s expecting soon will never be smarter than AI, but thinks this ability will be valuable

Next Post

Shein backlash fails to deter shoppers at the fast-fashion giant

Next Post
Shein backlash fails to deter shoppers at the fast-fashion giant

Shein backlash fails to deter shoppers at the fast-fashion giant

Burberry to cut 1,700 jobs as designer suffers heavy losses

Burberry to cut 1,700 jobs as designer suffers heavy losses

May 14, 2025
Gold is booming – but how safe is it for investors, really?

Gold is booming – but how safe is it for investors, really?

May 13, 2025
M&S says personal customer data stolen in recent cyber attack

M&S says personal customer data stolen in recent cyber attack

May 13, 2025
Starbucks baristas strike over dress code, signal more walkouts

Starbucks baristas strike over dress code, signal more walkouts

May 13, 2025
Saylor Says Bitcoin Stalled Below 0K on Weak Hands as Bulls Eye BTC Price Rally

Saylor Says Bitcoin Stalled Below $150K on Weak Hands as Bulls Eye BTC Price Rally

May 10, 2025
More companies seek assurance on sustainability reporting

More companies seek assurance on sustainability reporting

May 12, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Saudi Central Bank Secures B Bitcoin Exposure via Strategy Stake

Saudi Central Bank Secures $60B Bitcoin Exposure via Strategy Stake

May 16, 2025
Starmer admits Farage is ‘real opponent’ in new political landscape

Starmer admits Farage is ‘real opponent’ in new political landscape

May 16, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!