Under-35? Think you're going to own your own home? Forget about it...
... says Warren Bright of Propertyfinder. In a new report, he reveals that the number of under-35s who currently own a property has slipped to under 50% (compared to 59% in 2001). What's more, he expects the proportion of homeowners to get smaller and smaller:
"We estimate that around 3.1 million of today's over-30s who had expected to retire in their own homes will live out their golden years in rented accommodation."
More here.
The Rat and Mouse - now with added search [January 29, 2007]
Technorati Tags: property, real estate
