1 in 4 people plan to move into a new home in 2014
Meanwhile, the number of young adults living with their parents has increased by 25 per cent
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A quarter of adults in the UK are hoping to move into a new property this year, according to new figures.
Research by Ocean Finance suggests just over 26 per cent plan to rent or buy a new home, a figure rising to nearly 47 per cent for those aged 18-24.
Latest figures for young adults living with their parents released today by the Office for National Statistics show that 3.3 million 20-34 year olds lived with their parents in 2013, an increase of 25 per cent since 1996. One in three men aged 20-34 lived with their parents compared with one in five women
Of the 25 to 34-year-old age group in Ocean's study, more than a third plan to get a new place in the next 12 months compared to one in 10 of over-55 year olds. People living in East Anglia seem to be the happiest in their current homes, with only around a fifth considering a move.
Wanting more space and relocating for a job were the main factors for moving, although 10 per cent simply wanted to move to a nicer area.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments