{"id":1479342,"date":"2024-07-25T06:45:00","date_gmt":"2024-07-25T10:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1479342"},"modified":"2024-07-25T06:45:00","modified_gmt":"2024-07-25T10:45:00","slug":"79-of-croatian-20-somethings-still-live-with-their-parents","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/79-of-croatian-20-somethings-still-live-with-their-parents\/1479342\/","title":{"rendered":"79% Of Croatian 20-Somethings Still Live With Their Parents"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">79% Of Croatian 20-Somethings Still Live With Their Parents<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>This graphic ranks European countries by the percentage share of those 25\u201329 years old living with their parents, as sourced\u00a0<a href=\"https:\/\/ec.europa.eu\/eurostat\/databrowser\/view\/ilc_lvps08%24dv_1041\/default\/table?lang=en&amp;category=yth.yth_demo\">from Eurostat<\/a>\u00a0(2023).<\/p>\n<p>Importantly, <a href=\"https:\/\/www.visualcapitalist.com\/chart-where-adults-in-their-late-twenties-live-at-home-in-europe\/\">as Visual Capitalist&#8217;s Pallavi Rao explains below,<\/a> part of the metric tracked is<em><strong> \u201cpersons benefiting from or contributing to the household income.\u201d<\/strong><\/em><\/p>\n<p>This means that cases where adult children support aging parents are also factored into this dataset.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/VORO_EuropeansLivingatHome_web.jpg?itok=htgiSBor\"><\/a><\/p>\n<h2>Where Do Europeans Adults Live With Their Parents?<\/h2>\n<p>In\u00a0<strong>Croatia<\/strong>\u00a0and\u00a0<strong>Montenegro<\/strong>, nearly 80% of adults aged 25\u201329 adults live at home. Interestingly, in neighboring Serbia this metric drops to 69%.<\/p>\n<p>Rank<br \/>\n\t\t\tCountry<br \/>\n\t\t\t% of those aged<br \/>\n\t\t\t25\u201329 living with parents<br \/>\n\t\t1<br \/>\n\t\t\t\ud83c\udded\ud83c\uddf7 Croatia<br \/>\n\t\t\t79%<br \/>\n\t\t2<br \/>\n\t\t\t\ud83c\uddf2\ud83c\uddea Montenegro*<br \/>\n\t\t\t79%<br \/>\n\t\t3<br \/>\n\t\t\t\ud83c\uddee\ud83c\uddf9 Italy<br \/>\n\t\t\t70%<br \/>\n\t\t4<br \/>\n\t\t\t\ud83c\uddf8\ud83c\uddf0 Slovakia<br \/>\n\t\t\t70%<br \/>\n\t\t5<br \/>\n\t\t\t\ud83c\uddf7\ud83c\uddf8 Serbia*<br \/>\n\t\t\t69%<br \/>\n\t\t6<br \/>\n\t\t\t\ud83c\uddec\ud83c\uddf7 Greece<br \/>\n\t\t\t69%<br \/>\n\t\t7<br \/>\n\t\t\t\ud83c\uddf5\ud83c\uddf1 Poland<br \/>\n\t\t\t68%<br \/>\n\t\t8<br \/>\n\t\t\t\ud83c\uddf5\ud83c\uddf9 Portugal<br \/>\n\t\t\t65%<br \/>\n\t\t9<br \/>\n\t\t\t\ud83c\uddea\ud83c\uddf8 Spain<br \/>\n\t\t\t64%<br \/>\n\t\t10<br \/>\n\t\t\t\ud83c\udde7\ud83c\uddec Bulgaria<br \/>\n\t\t\t60%<br \/>\n\t\t11<br \/>\n\t\t\t\ud83c\uddee\ud83c\uddea Ireland<br \/>\n\t\t\t56%<br \/>\n\t\t12<br \/>\n\t\t\t\ud83c\uddf8\ud83c\uddee Slovenia<br \/>\n\t\t\t55%<br \/>\n\t\t13<br \/>\n\t\t\t\ud83c\uddf7\ud83c\uddf4 Romania<br \/>\n\t\t\t53%<br \/>\n\t\t14<br \/>\n\t\t\t\ud83c\udde8\ud83c\uddfe Cyprus<br \/>\n\t\t\t51%<br \/>\n\t\t15<br \/>\n\t\t\t\ud83c\uddf2\ud83c\uddf9 Malta<br \/>\n\t\t\t49%<br \/>\n\t\t16<br \/>\n\t\t\t\ud83c\udded\ud83c\uddfa Hungary<br \/>\n\t\t\t41%<br \/>\n\t\t17<br \/>\n\t\t\t\ud83c\uddf1\ud83c\uddfa Luxembourg<br \/>\n\t\t\t40%<br \/>\n\t\t18<br \/>\n\t\t\t\ud83c\uddf1\ud83c\uddfb Latvia<br \/>\n\t\t\t39%<br \/>\n\t\t19<br \/>\n\t\t\t\ud83c\udde7\ud83c\uddea Belgium<br \/>\n\t\t\t32%<br \/>\n\t\t20<br \/>\n\t\t\t\ud83c\udde8\ud83c\uddff Czechia<br \/>\n\t\t\t30%<br \/>\n\t\t21<br \/>\n\t\t\t\ud83c\udde6\ud83c\uddf9 Austria<br \/>\n\t\t\t28%<br \/>\n\t\t22<br \/>\n\t\t\t\ud83c\uddf1\ud83c\uddf9 Lithuania<br \/>\n\t\t\t27%<br \/>\n\t\t23<br \/>\n\t\t\t\ud83c\uddeb\ud83c\uddf7 France<br \/>\n\t\t\t26%<br \/>\n\t\t24<br \/>\n\t\t\t\ud83c\udde8\ud83c\udded Switzerland*<br \/>\n\t\t\t24%<br \/>\n\t\t25<br \/>\n\t\t\t\ud83c\uddea\ud83c\uddea Estonia<br \/>\n\t\t\t23%<br \/>\n\t\t26<br \/>\n\t\t\t\ud83c\udde9\ud83c\uddea Germany<br \/>\n\t\t\t20%<br \/>\n\t\t27<br \/>\n\t\t\t\ud83c\uddf3\ud83c\uddf1 Netherlands<br \/>\n\t\t\t18%<br \/>\n\t\t28<br \/>\n\t\t\t\ud83c\uddf8\ud83c\uddea Sweden<br \/>\n\t\t\t10%<br \/>\n\t\t29<br \/>\n\t\t\t\ud83c\uddf3\ud83c\uddf4 Norway<br \/>\n\t\t\t7%<br \/>\n\t\t30<br \/>\n\t\t\t\ud83c\uddeb\ud83c\uddee Finland<br \/>\n\t\t\t5%<br \/>\n\t\t31<br \/>\n\t\t\t\ud83c\udde9\ud83c\uddf0 Denmark<br \/>\n\t\t\t5%<br \/>\n\t\tN\/A<br \/>\n\t\t\t\ud83c\uddea\ud83c\uddfa EU<br \/>\n\t\t\t42%<\/p>\n<p><em>*Data from 2022.<\/em><\/p>\n<p><em>Figures rounded. Information unavailable for Iceland, UK, North Macedonia, Albania, Kosovo, and T\u00fcrkiye.<\/em><\/p>\n<p>Cross-referencing this dataset with the\u00a0<a href=\"https:\/\/www.visualcapitalist.com\/ranked-european-countries-by-the-average-age-adults-move-out\/\">average age Europeans move out<\/a>\u00a0reveals correlations. A higher average moving out age corresponds with a greater percentage share of 25\u201329 year old adults at home.<\/p>\n<p>And the Balkan countries rank in the top few spots in both. Part of it is the economy. The Balkans generally have a\u00a0<a href=\"https:\/\/www.visualcapitalist.com\/mapped-europes-gdp-per-capita-by-country\/\">per-capita GDP<\/a>\u00a0that is half the EU average. Local rents are expensive compared to local wages.<\/p>\n<p>Adding to that, the homeownership rate in the Balkans is also the\u00a0<strong>highest<\/strong>\u00a0across Europe, indicating that children inherit the family home or move out only when they can afford to buy homes themselves.<\/p>\n<p>Meanwhile, in Serbia and Montenegro, nearly half the households are\u00a0<a href=\"https:\/\/www.suerf.org\/publications\/suerf-policy-notes-and-briefs\/household-financial-fragility-in-western-balkan-countries-before-covid-19\/\">\u201cfinancially fragile,\u201d<\/a>\u00a0indicating the level of savings is also low. In such cases moving out and renting might be seen as an unaffordable luxury.<\/p>\n<p>Correspondingly, as one moves north and west across to higher per capita GDPs in Europe, the share of adults living with parents drops. In the Nordics, fewer than 10% of adults in this age bracket live with their parents.<\/p>\n<p>One major exception to the rule is\u00a0<strong>Ireland<\/strong>, where more than half of those aged 25\u201329 still live at home.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Thu, 07\/25\/2024 &#8211; 02:45<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/personal-finance\/79-croatian-20-somethings-still-live-their-parents\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/personal-finance\/79-croatian-20-somethings-still-live-their-parents<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>79% Of Croatian 20-Somethings Still Live With Their Parents This graphic ranks European countries by the percentage share of those 25\u201329 years old living with&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1479343,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1479342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1479342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1479342"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1479342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1479343"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1479342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1479342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1479342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}