According to a recent report, more young adults are choosing to live at home with their parents than ever before. The ABS report, Family Characteristics and Transitions 2012-13, found nearly a third of people aged between 18 and 34 were yet to leave the parental home, up 4% from 2007.
Of that group, males made up the largest proportion (58%).
The reason most frequently given for staying put was “financial” (35%).
On the other side of the fence, of the 3.9 million people aged 18 to 39 who have left the nest, most did so to become “independent.”
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