Thursday, 29 September 2016

Private Sector Tenants Getting Older

Private renters are showing signs of middle aged spread, with nearly half of them now aged over 46, according to a survey from Your Move. The survey found that 18% of renters were over the age of 55, with another 22% of tenants belonging to the 46-55 age group. Just 39% of those in private rental accommodation were under 35, it found. Of those surveyed, 25% of 18-25 year olds claimed they were satisfied with renting, with 80% wanting to own their own home in the future.These numbers reversed for those aged 55 and above. Read more on the Housing Excellence website.

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