top of page
Search
Rising costs mean a fifth of adult children are considering moving back home. Could it affect you?
The “boomerang” trend isn’t new, but the soaring cost of living means that far more adult children that have been living independently are considering moving back to their childhood homes. As a parent, it’s natural to want to lend a helping hand, but you may also have concerns about what it would mean for you financially. In the 12 months to October 2022, the rate of inflation was 11.1%. It’s a rate that’s much higher than the Bank of England’s (BoE) 2% target. For many famil

Tom from Harken Financial
Nov 9, 20224 min read
bottom of page
