Rat and Mouse
Mon
22
Aug
First-time buyer plight

Some new statistics today. According to a Post Office survey (probably conducted by asking people in those long, snaking queues), 53% of would-be house buyers have given up hope. They don't think they'll ever be able to afford a home. Those who do think they'll buy a property see 35 as the age at which it is now a reasonable expectation to buy. The equivalent in the early 1960s? Twenty-three. More here.

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