Young Greeks leave home after 30, face highest housing costs in EU

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Young Greeks permission their parental homes aboriginal than astir of their European peers and, erstwhile they do, they are required to spend the largest stock of their income connected lodging anyplace successful the European Union, according to Eurostat data.

In 2024, the mean property for young radical leaving location successful the EU stood astatine 26.2 years, slightly down from 26.3 years successful 2023. The highest averages were recorded successful Croatia (31.3 years), Slovakia (30.9 years), Greece (30.7 years), Italy (30.1 years), and Spain (30 years). The lowest were recovered successful Finland (21.4 years), Denmark (21.7 years), and Sweden (21.9 years).

While countries such arsenic Cyprus, Croatia, and Italy besides spot young radical leaving location later, subsequent lodging costs there tend to beryllium comparatively low.

In Greece, however, the other is true. Despite leaving location astatine an older age, often aft a fig of years successful the workforce, young Greeks look the EU’s steepest lodging burden.

In 2024, they spent connected mean 30.3 percent of their disposable income connected rent, the highest complaint successful the bloc. Denmark followed astatine 28.9 percent.