Submitted by Administrator on Wed, 11/12/2013 - 10:04
Key findings include the abrupt break with longer term trends in household formation in England between 2001 and 2011. Net additional household formation was down by some 20%,with almost 1 million fewer one-person households in 2011 than had been projected.
There were also other large scale shifts in the mix of household types, with far more couple-plus-other-adult households and multi-adult households than expected. In part this is about younger people staying at home or sharing accommodation for longer. But that is not the whole story as changes are observed in all age groups.
The official projections include the effects of the financial crisis and the subsequent recession, but these are not the only reason why household formation was so far below trend.