26 Feb Making space for the boomerang generation
If you’ve been paying attention to the news over the last few years, then you surely won’t have missed all the talk about the so-called ‘boomerang generation’ of young adults in their 20s and even their 30s who find themselves driven back into the bosom of their families. Mums and dads entering their golden years might have hoped that they’d finally got a bit of peace and quiet at home, only for their offspring to suddenly turn up on their doorstep – carrying with them a lot more belongings than they first went away with.
Finding space for boomerang babies and all their bits and pieces can be tricky. Fortunately, there is a solution at hand – a loft conversion.
What it means for parents
Research has indicated that returning adult offspring can place a significant financial burden on their parents. This is through no fault of their own, of course – young people today face intense competition for the best graduate jobs, stagnant wages elsewhere and soaring rents. This is clearly a major phenomenon. According to a survey carried out by TopCashBack earlier this year, three-quarters of parents with offspring aged over 18 had at least one son or daughter still living at home.
The return of adult offspring to the family home also adds pressure in terms of space. Parents who’ve got accustomed to not having their grown-up children around suddenly find themselves struggling to accommodate them again. Old bedrooms get put to new purposes, after all. A loft conversion, however, could be just the ticket.
A solution that works for everyone
Converting your loft into additional living space could provide your grown-up children with some private space for when they need some quiet time alone or for when they have friends round. Their parents, on the other hand, are likely to find that they have more space around the rest of the house and that they also get a bit of peace and quiet. Lofts can also make great bedrooms to accommodate boomerang babies. Alternatively, you could convert the loft into office space to free up another room for a returning son or daughter to sleep in.
On top of all that, loft conversions can add tens of thousands of pounds to the value of a property – indeed, they can do more to add value than any other home improvement. That alone makes them a worthwhile investment, so once the boomerang babies have boomeranged off again, their parents are left with a valuable addition to their home. As ever, the Econoloft team are on hand to help make your dream loft conversion come true – so feel free to get in touch today.