Gen Y’s ‘cubby house syndrome’

  • PARENTS may be soon be carving out adult “cubby houses” for their children forced by skyrocketing house prices to stay in the family home for longer, CoreLogic says.

According to a survey of more than 2000 Australians commissioned by the property research firm, nearly two thirds of those living at home can’t afford to move out, while more than one fifth still living in the family home expect to stay with their parents until they are at least 30.

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