Gen Z workers are earning more than their millennial predecessors but would rather stay at the 'hotel of Mum and Dad' than pay sky-high rents or mortgages, new research shows.
The analysis reveals that twentysomethings in work are enjoying more comfortable living standards – partly because of staying with their parents.
It finds that incomes for those born between 1996 and 2000 are 15 per cent – or £3,700 – greater than they were for those born a decade earlier.
Yet they are increasingly choosing not to fly the nest.
The Resolution Foundation report finds that Gen Z 'has become the stay-at-home generation' with 63 per cent of those aged 20 to 24 now living in the family home – up from 51 per cent 15 years ago.
