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One in five parents who move buy bigger homes because their children are living at home into young adulthood

"As many as one in five parents who moved house in the past few months wanted a bigger home because their children are staying at home until their late 20s, a new study reveals.

A survey of almost 13,000 adults by Royal Mail found that 21 per cent chose a larger property to prepare for their children staying with them into young adulthood.

Half of those questioned said they waited longer than they wanted to move house, mainly because of a shortage of suitable properties.Alongside this, patience is proving a virtue in the house-buying market with people prepared to sit it out to find the right home for them.’

The survey follows a second survey this week, which revealed parents are putting their financial future at risk to help adult children get on the property ladder.

The expectation that parents will help their offspring buy their first home now applies to all classes, not just the rich, according to a report from the Halifax.

But it places a ‘significant emotional and financial burden’ on ageing parents, the report says.

Nearly four in ten parents who have given support to their children to buy a property are concerned about their own finances in later life, including pension cash."

Read more: http://www.dailymail.co.uk/money/mortgageshome/article-2620716/One-five-parents-buy-bigger-homes-kids-stay-young-adulthood.html#ixzz31QsCX74x 

Four in ten parents who have helped their children buy property are concerned about their own finances later in life. Also one in five parents moved into a bigger home because their children are living with them until their late 20s.

With this fact we can see that parents are not as strong as they used to be. I mean that in most cases kids sometimes need a kick up the back side to go out and find a work. Parents are overprotecting their children, it’s seems like they are putting their children in a bubble in a bubble. In trying to protect their children, they only spoil them. We have to learn to fight for get something. And parents do the opposite to help children do what they need to do. You can’t move to a bigger house for your children, and you can’t affect your finances because you want to protect your children. These young adults are old enough to sort out their lives. Society gets worse.

Concerned: Worried

Regardless: Even though

Offspring: Children