In their 30’s but still home

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APPROXIMATELY 80 per cent of Spain’s under-30s still live at home. They move out between the ages of 30 and 34, found a Spanish Youth Council (CJE) survey. Even in more prosperous times the Spanish left home later than their European counterparts, usually on marrying, but another CJE finding explains the current tendency to tardy emancipation. House purchase should account for 30 per cent of income, but under-30s on an average wage would need to earn 80 per cent more to be able to pay a mortgage. Young people are being kept out of the property and rental markets claimed…

Via: Euro Weekly News

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