‘Hotel of mum and dad’ in UK at its fullest in two decades, study finds

Almost a fifth of adults aged 24-34 are living with parents, particularly in areas of high-cost housing

The hotel of mum and dad" is the busiest it has been for two decades as an increasing number of young adults in the UK choose - or are forced by low wages and rising rents - to live with their parents, research has found.

The prohibitive cost of renting, let alone buying, a home explains why more twenty- and thirtysomethings are co-residing" with family at an age when their parents would have been living independently, the Institute for Fiscal Studies (IFS) said.