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Gen Z faces higher housing costs, fewer homeownership gains at 25
BBC analysis of UK data says 25-year-olds owning a home fell from 43% in the mid 1980s to 15%, while the share living with parents rose to 42% today.
People in their 20s in the UK are facing a tougher start to adulthood than any generation in nearly half a century, with housing, employment, and wealth trends showing worsening conditions by age 25, according to analysis of UK data for BBC.
The analysis found that homeownership among 25-year-olds has plummeted from 43% in the mid 1980s to 15%. It attributes the decline to affordability, saying housing costs for renters or people with mortgages in their 20s are at their highest level ever for them at that age, taking up a larger share of income than for earlier generations.
The BBC analysis also reported that more 25-year-olds are living with their parents, rising from 25% in the 1990s to 42% today. It pointed to rising bills and the faster impact on Gen Z, with wages lower on average across the age group.
BBC said it also surveyed experiences from young people and parents, including Adam Daytona, 26, who moved back home this year, and parents Jane, 57, and Neville, 64, who said young adults face difficulty buying houses and a dip in employment rates compared with earlier generations.