Here’s an interesting tidbit from a British survey: The credit crunch now means we may never have an empty nest.
A story that ran recently in a British newspaper reports that "67 per cent of all potential first time buyers are
being forced out of the market due to tightening lending criteria and
are having to arrange alternative living arrangements. The
research from Abbey coincides with a recent study by Prudential which
found that more than 80,000 UK households have three generations all
living under the same roof. As the credit crisis takes hold, Prudential
predicts that the number of families forced to live like this will grow."
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© Penelope Lemov and Parenting Grown Children, 2025. Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given.
recent posts
- Sharing Family History: What one generation owes another.
- Gifting and Getting: A wish list for gifts from grandkids
- Blast from the Past: Our youthful slang is no longer passé.
- Money Matters: Data on how the Bank of Mom and Dad is doing?
- After the Minneapolis Killings: Nora Ephron on parenting grown children
© Penelope Lemov and Parenting Grown Children, 2025. Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given.
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