Who wants to still be living with their parents in their thirties? We all have different life goals and preferences, but for many foreigners living in Czechia, this is far from an ideal scenario.
Yet astonishing inflation in the cost of buying or renting a place of your own in recent years is forcing many in Czechia to confront this potential necessity. A survey by Generali Investments has found that the number of Czech adults living with their parents has doubled in the past two years alone.
Among respondents aged under 34, a quarter still live in their family home. The data forms one part of depressing survey results which illustrate an increasingly gloomy perceptions of housing affordability.
With an ageing population also requiring people in Czechia to look after their parents later in life, the independence associated with adulthood may be diminishing. Expats.cz looked at the data to find out more about changing family dynamics in Czechia.
The harsh home ownership reality
Generali Investments’ survey found that over six out of ten Czechs without their own property do not expect to be able to afford one due to rising prices. Three quarters of respondents expect house prices to keep rising.
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Summary for: The family nest: Why living with parents is becoming more common in Czechia
