The Business Times

Property

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Property

SUBSCRIBERS

UK home ownership declining as young people grow poorer

Share of young people who own property falls by 20% in 2002-2014 period

Published Wed, Nov 16, 2016 · 09:50 PM
Share this article.

London

RATES of home ownership in the UK are falling as young people grow comparatively poorer and find mortgages harder to obtain, according to a report due to be published on Wednesday.

Between 2002 and 2014, the share of young people who owned property fell by 20 per cent, far outstripping the overall 6.2 per cent drop in home-ownership rates, according to the Redfern Review. Fewer young adults are able to afford …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here