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Housing the main obstacle to independence, 35-year-olds in Europe still live with their parents

2024-06-10 14:46:58Lifestyle SHKRUAR NGA REDAKSIA VOX

Housing the main obstacle to independence, 35-year-olds in Europe still live

A large proportion of 35-year-olds in Europe still live with their parents. One in five adults aged 30 to 34, and especially in European Union countries, find it impossible to gain housing independence

It is typical that one in five adults aged 30 to 34 in the European Union still live with their parents, according to new analysis from the European Foundation for the Improvement of Living and Working Conditions - Eurofound. So 20% of them.

Furthermore, more than two in five, 42% of EU adults aged 25 to 29 live with their parents – ranging from 67% in densely populated areas to 82% in urban areas with rare and medium population! Only 2% of workers aged 25-34 in Sweden and Finland live with their parents, compared to 65% in Croatia, 57% in Greece and 52% in Portugal.

In the 30-34 age group there is a five percentage point difference in employment rates between those living with one of their parents and those living independently. This shows that employment alone is not a sure way to gain independence.

Eurofound's report explores young people's wishes and plans for the future – and the well-being outcomes associated with those plans – in the context of the current employment market. the housing situation and progress in implementing EU 'enhanced guarantees' for young people.

There are striking differences between member states: in the Nordic countries, it is much less common for people in their 20s and 30s to live with their parents than in southern Europe: the report shows that only 2% of working-age 25-34-year-olds in Sweden and Finland live with their parents, compared to 65% in Croatia, 57% in Greece and 52% in Portugal.

While Eurofound acknowledged that part of this gap is cultural, the report pointed out that it can also be attributed to the insecurity of the temporary worker labor market in Southern Europe. Additional analysis showed that, on average, the percentage of workers aged 25 to 34 who lived in their parents' home increased from 24% to 27% between 2017 and 2022.

In Ireland, where rents have doubled since 2013, there has been a 13% increase in young people working with their parents from 27% to 40%. However, there are also some positive developments. For example, in 2022 the overall youth employment rate in the EU was close to 50% – higher than at any time since 2007. The proportion of young people not in employment, education or training was historically low , in 11.7%.

There are also signs of an improvement in the quality of work for young people, with fewer fixed-term contracts, greater job security and a better work-life balance compared to the pandemic years.

Young people are also less satisfied with their jobs than older people and would like more autonomy. Almost half of young people want to change jobs within a year, with higher rates among those who have never been able to work from home and those on insecure contracts.


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