I reckon the new normal is parents moving out and leaving the kids.

[Notbuiltforheat]

In southeast England with its stupid house prices for sure.

the chances of any of my three teens earning enough to even rent let alone buy their own gaff round here (Home Counties) is negligible. I bought the family house with their dad (now my ex) before they were born and the mortgage is almost gone. We’d both had our own houses anyway. There is NOTHING even half affordable- even the stuff designated as affordable is nonsense. So my retirement planning is I move out to somewhere smaller and they carry on living here. And I think lots of other parents will be doing the same.

How can it be any other way?

No I don’t think this is normal or will become normal. We live in a rural farmhouse work about £1million, I could see our kids possibly building houses on our land IF they chose to stay and work nearby. I know for a fact the eldest is desperate to work abroad (exactly like me at that age), so I will be encouraging him with that once he’s been to university etc (he’s only 15 atm). The youngest might stay around but I think he might end up going into the forces or becoming a professional sportsman so again it’s unlikely.

My own parents bought my sibling a house near to them, and gave me and my husband a substantial deposit towards our first house. I think parents helping with deposits is pretty common these days but that will die out with the boomer generation I suspect.

Converting a 4-bed semi into 3 small flats that are not big enough to bring up a family is not a solution either. What happens when one of them wants to sell/move? Can't think many people would want to buy.

Better to sell and put it down as a deposit, if first-time buyers, the taxes and fees will not be that much.

Only have two children, but we will definitely downsize, move somewhere nearer the coast, and give them what's left to give them a fighting chance.

We sold up when the youngest was around 21, the oldest 30. We moved from the SE, bought ourselves a house for less money and bought properties for all four, lending them the money which they eventually repaid. Two of them shared a house, the other two had a flat each. We lent them the money on mortgages so that they wouldn't have problems with partners trying to claim the properties if anything went wrong, it all worked out fine and they've all moved on to other places now.

I would 100% want to live with my siblings over my parents.

I think it sounds like a great idea

Most young people house share until they can save up for a house deposit.
Why not share with siblings instead, especially if they can all have their own space.

How would you afford somewhere though?
I don’t know much about mortgages but I thought you had to be under a certain age?

Crikey this thread has really made me think and check rightmove. Cheapest property in this town is 130k for a studio, funnily enough it actually backs on to ours really. I suspect I may have 4 kids at home for quite some time, which is fine, but we're in the damn box room in a 4 bed that already feels like a shoe box. Cheapest flat of the whole 2 on the market is 1395, so guess me and dh maybe moving elsewhere too 😂 wonder if my dps will take us in?