- Monday, 1 February 2010IVA advice may benefit those families having difficulty looking after their loved ones due to soaring housing costs.
New research by housing charity Shelter reveals that 1.5 million adults across Britain are unable to look after their elderly parents because high housing costs prevents them from living nearby.
The study also found that one in ten parents believe their children want to live closer to them, but are prevented from doing so because of unaffordable housing costs.
Director of policy and campaigns at Shelter Kay Boycott said the figures revealed the "shocking impact" that spiralling housing costs are having on families.
"This is not just about the financial cost for people. Grandparents are missing out on precious time watching their grandchildren grow up, and many elderly people may not be getting the support they need," she added.
Previous research by Shelter reveals that 18 per cent of 18 to 44-year-olds are choosing to delay having children because of the lack of affordable housing, rising to 24 per cent among 18 to 34-year-olds.
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