THE credit crunch has created a generation of stay-at-home twenty somethings.
But cash-rich teen JUSTINBIEBER can`t wait to fly the nest.
The 16-year-old Canadian, who lives with mum PATTIE and his grandparents, is house-hunting in Los Angeles.
And he has his eye on a £1million, four bedroom apartment in the Westwood area of the city, with three bathrooms, a communal swimming pool and spa.
The building also includes a `party room` for those nights when he feels like letting his hair down with his pals.
Although it will be five years before he can legally crack a beer.
Reports say that Pattie has been helping her son look his first property and likes the Westwood flat.
No doubt she`s earmarked a spare room for herself too.
Justin`s spokesperson confirmed he was planning the move, saying: "Justin is looking for a house. But nothing has been purchased as of right now."
Teen pop sensation JustinBieber is reportedly eyeing up this swanky home in Los Angeles, California. According to US blogs, the pint-size pop star is close to buying the $1.7 million condo in the Westwood area. The condo has three bedrooms, four bathrooms and is 2,400 square feet.
The Baby singer, rumoured to to be worth over £40 million, has thanked fans for his double nomination at the forthcoming Nickelodeon Kids` Choice Awards, where he is up for Favourite Male Singer and Favourite Song for Baby.
He said: "My life was changed by fans and by kids like me clicking on my videos and letting me chase a dream. Once again those same kids are there and I am forever grateful.