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Parents are paying out £2 billion every year to help their children get on the housing ladder, as more and more young people are priced out of a home of their own.
The number of families renting their home has doubled over the past ten years, as more and more people are priced out of home ownership.
An independent report commissioned for Shelter finds that young people are locked out of the property market for years and have little hope of owning their own homes.
Shelter has renewed its call for more homes, as Government figures show the number of new homes built has fallen by eight per cent in three months.
Shelter reports a surge in demand for advice services as the high cost of housing, living costs and cuts to housing support leave people struggling to pay for their homes.
A new poll reveals that around 1.6 million people aged between 20 and 40 are living with their parents because they cannot afford to rent or buy a home.
Shadow Chancellor Ed Balls has called for a significant investment in new, affordable homes and a stamp duty holiday for first-time buyers.
Figures revealed in a YouGov survey show one in five 31-44 year olds delay starting a family due to a lack of affordable housing.
Plaid Cymru are launching their local election campaign with a focus on preserving local services and jobs in the face of cuts from central government.
The government has launched a new strategy in response to the growing housing crisis.
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