Still in the nest up to their 30s

Most young people today in Greece leave the family home after the age of 30, a phenomenon that is increasingly related not to the prevailing mentality of the Greek family, but to the ever-increasing cost of housing.

It is no coincidence, after all, that Greece, both in the general population and in the 15-29 age group, shows the highest percentage among the member countries of the European Union of those who spend more than 40% of their income on housing costs.

The term "housing costs" includes not only the rent, but also the so-called fixed costs (cost of electricity, water supply, central heating and even municipal fees), while in the case of owned housing, in addition to the fixed costs, there are also the costs for loan installments and insurance coverage.

According to data for 2023 announced by Eurostat on Monday, the average age of Greeks when they leave...