Fewer than 1 in 5 of us are saving anything for a deposit. Generation rent are becoming trapped
1.6 million fewer people aged 24-44 bought a home compared to a generation ago — and 1.8 million more of us are renting privately.
1.6 million fewer people aged 24-44 bought a home compared to a generation ago — and 1.8 million more of us are renting privately.
The shortcomings of such light-touch reforms are plain, writes Rob Edwards.
The Mayor’s free market, help-the-investors strategy will leave London with an inadequate number of homes.
Private landlords are out bidding first-time buyers and pushing house prices out of the reach of many young people, according to a new report.
Do you want to wait thirty years until house prices are at affordable levels again? I doubt many priced out renters in the capital would be happy to put up with the status quo for that long, but that could be the prospect if we just rely on building more homes to solve the housing crisis.
In a follow-up to their 2011 report In the Black Labour, Graeme Cooke, Adam Lent, Anthony Painter and Hopi Sen reaffirm their commitment to fiscal conservatism.
“Build build build. We must build more homes.”
Any politician who came out with such a statement would be greeted with near universal applause. Build them and they will clap.