Home Ownership Dream Is Still Alive For UK Teens

Two-thirds of UK teens still expect to own a home within the next ten years, according to a new report on the issues facing young people today. In spite of house prices increasing above income growth and falling levels of home ownership among younger generations, just 14% of young adults and 7% of teens believe that they will never own their own home. The stats suggest that the UK’s much-publicised housing crisis is having less of an impact on the country’s mid-sized cities than in its largest urban conurbations. The findings of the survey of 1,538 young people aged between 14-25 are covered in the Changing the Future: Youth Insight Report. Read more on the Open Access website.

https://www.openaccessgovernment.org/home-ownership/52476/