The impact of house price to income ratios on the average age at which young people leave the family home

The age at which young people leave home is strongly influenced by economic conditions. This paper focuses on the analysis of an indicator such as the ratio of house prices to income. The aim of this paper was to analyse the effect of the house price to income ratio on the age at which young people leave the family home. To achieve this goal, three analytical methods were used: correlation analysis to examine the underlying relationships between variables, linear regression to examine the effect of the house price-to-income ratio on the age of leaving home, and fixed effects panel regression to look at differences between countries in more detail. The results indicated that the relationship between the house price-to-income ratio and the age of leaving home is complex and varies significantly across countries. Although the study provided valuable insights, it had limitations. These include, in particular, the failure to take into account cultural differences and other socio-economic factors, such as educational attainment or regional unemployment, which can significantly influence the decision-making processes of young people.