Majority of 25-year-olds still living with parents and one in eight have emigrated, latest CSO study finds

The Growing Up in Ireland study highlighted that over 62% of young adults still living with their parents do so for financial reasons, with 97.7% voicing worries about housing in Ireland. While nearly 60% have a degree, there exists a stark income disparity; those with degrees earn substantially more than their peers. A considerable segment of respondents (34.2%) struggle financially despite regular saving habits. The study also revealed a significant local residential stability and a notable trend of emigration, emphasizing broader economic challenges young adults face today.

More than six in 10 of those living at home cited financial reasons, while 97.7% expressed concern about the housing situation in Ireland.

The Growing Up in Ireland study showed that although many respondents had a degree, income inequality was emerging; those with degrees earned significantly more.

Read at Irish Independent