Apparently the young of today simply aren’t ever going to gain a home of their own.
Young Britons believe dream of owning home is over, survey says
It’s not going to work out that way. Not in the slightest.
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.
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.