Millennials Struggling to Leave Parental ‘Nest’

It is a specter hanging over millennials in most western countries, and Greece is no exception, as thirty-somethings and even forty-somethings are being forced back into the parental home by skyrocketing urban rents and rampant post-pandemic inflation. The other side of the Atlantic is also affected, as the latest census results in the United States […]

It is a specter hanging over millennials in most western countries, and Greece is no exception, as thirty-somethings and even forty-somethings are being forced back into the parental home by skyrocketing urban rents and rampant post-pandemic inflation.

The other side of the Atlantic is also affected, as the latest census results in the United States show some 16% percent of millennials – people now aged 28 to 43 – living with their parents in 2022.

According to Eurostat, seven in ten Greek citizens in the 18-34 age group still live with their parents, with the average age being 30.7. The majority are men. In fact, 30 seems to be the average age at which young Greek adults leave the “nest”, compared with the European median of 26.5.

Follow tovima.com on Google News to keep up with the latest stories
Exit mobile version