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Professor Bobby Duffy

๐Ÿ‘ค Speaker
170 total appearances

Appearances Over Time

Podcast Appearances

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

And it was like 4% in a couple of decades ago.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

But

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

It is only people at the top end of the wealth spectrum who can afford that.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

So the vast majority of that comes from the top third of the wealth spectrum in that baby boomer cohort.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

So yes, you've got this sense of reliance, but also great inequality and unfairness within

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

the generation on who actually can get that sort of support.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

Otherwise, then you are stuck with people living at home too much, much longer.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

So we've gone from about one in five young people living at home in my generation up until their late twenties.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

And now you've got two in five young people living at home.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

And that's the extra two million people living at home ten years into their adulthood, ten years and more into their adulthood.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

So you've got that kind of choice on the one hand, a lot of support from some parents.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

And then on the other hand, no choice at all for other groups of just having to stay at home, try to save up, etc.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

So yes, it's like it is an aggregate overall level.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

It's giving that sense of greater dependence on parents.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

But for some people, that works out really well and it gets them the leg up.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

But for other people, it forces you into a situation where it's not one that lots of people would choose.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

I talk about delayed adulthood in this.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

And it's a kind of...

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

broader theme than just being stuck at home.

The Rest Is Politics
Divided or Dependent? The Real Gen Z Story

We are just doing lots of things later.