Thursday 25 October 2018

Easing The Housing Headache

No doubt about it, housing is a headache for many young people today. The dramatic fall in the home ownership rates of the under-35s often produces the sharpest pangs for politicians. But there are other sources of pain as well. Just as ownership rates have collapsed, so too has the share of young people that live in social rented homes (from 22 per cent in 1981 to just 10 per cent in 2018). As a result more than one in three young families live in the private rented sector today, the least secure and lowest quality tenure of all. Read more on the Resolution Foundation website.
https://www.resolutionfoundation.org/media/blog/easing-the-housing-headache-what-the-chancellor-should-do-in-next-weeks-budget/

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