More than two out of every three young Irish adults were still living at home last year; says Eurostat
As reported by Eurostat, the European Union’s statistical office, more than two out of every three young Irish people were still living at home last year.
According to the most recent figures, 68% of Irish individuals aged 25 to 29 continued to reside at home last year. In comparison, rates in other European nations such as Denmark (4.4%), Finland (5.7%), and Sweden (6.3%) are significantly lower. The average in the EU is 42%.
The data is provided through a series of quizzes in Eurostat’s ‘Young Europeans’ tool, which allows persons aged 16 to 29 to compare themselves to other young people throughout the continent.
Labour leader and Housing Spokesperson Ivana Bacik commented on the numbers, saying, “Today’s figures reveal the stark social consequences of the housing crisis, which represents a lived reality for far too many of our young people.”
“Unaffordable rents and skyrocketing house prices have resulted in young people staying at home with their parents for longer periods of time, deferring major life decisions such as living independently or moving in with friends or a partner.” And the generational crisis is worsening.
“In a decade, the number of those living at home with their parents has doubled, and Ireland is far above the EU average.”
According to the ‘Young Europeans’ research, 61% of women aged 25 to 29 in Ireland are still living at home, while 74% of males have not moved out.
Despite the high rates, over half (45.4%) of young people in this age range define their life satisfaction as “high,” compared to 3.6% who said it was “low” in the survey.
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