Rat and Mouse
Fri
17
Sep
Young Britons forget about buying for the present

According to the Council of Mortgage Lenders, the thirst for property-ownership among the 18-24 age bracket is as desperate as ever, with 88% (a record figure) aspiring to own their own homes in the next ten years. But make that two years, and the figure drops to 42%. The CML blame lending regulations, of course, and the current economic climate. But the more interesting question is which of the two figures is most suprising... the second or the first?

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