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UK home ownership declining as young people grow poorer

Share of young people who own property falls by 20% in 2002-2014 period
Thursday, November 17, 2016 - 05:50

The British government has struggled to build enough houses to meet demand, resulting in steadily increasing prices.


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

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