Apparently the young of today simply aren’t ever going to gain a home of their own.[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]Young Britons believe dream of owning home is over, survey says[/perfectpullquote]
It’s not going to work out that way. Not in the slightest.[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]One of Britain’s biggest mortgage lenders has found that 70% of young people now believe that the homeownership dream is over for their generation.[/perfectpullquote]
Just not how the world works. As Alex Tabarrok has been known to point out. Of the some 30 million dwellings in the country 100% of them are going to be, in a century, owned by someone who is young or even unborn as yet. That is, the ownership of the housing stock is going to rollover. That we can guarantee.