Bad Economy Has Young Europeans at Home

“In 2011, more that 50 percent of the 25- to 34-year-olds in Greece, Bulgaria, Slovakia and Malta still lived in their parents’ homes.  In Portugal, Italy, Hungary and Romania more than 40 percent of those in this age group remain in the nest (see graphic).  These numbers are in stark contrast to those in the EU’s most northerly member nations, with less than 5 percent of 24- to 34-year-olds in Finland, Sweden and Denmark. A similar phenomenon, dubbed the ‘boomerang generation,’ has been identified in the United States, where some 29 percent of Americans in the same age have had to return to their parents’ home in recent years.”

http://www.spiegel.de/international/europe/bad-economy-means-young-europeans-having-trouble-leaving-home-a-877616.html

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