Adult ‘kids’ living with parents over-estimate when welcome mat will wear out – NEWS.com.au

With property prices holding firm, its little wonder more and more adult offspring are staying in their parents home longer, but how old is too old to still be living off mum and dad?The latest CoreLogic data shows Australian home values have held up surprisingly well as the nation moves through its first recession in more than 28 years, falling just 1.7 per cent between March and October.
At the same time, wages were down and unemployment rose.
The Reserve Bank responded by slashing the price of…

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