young homeowner numbers plummets by more than half in 20yrs

New research by Savills for the Local Government Association (LGA) reveals that 46% of all 25-year-olds owned their home 20 years ago. In a generational shift, only 20% of 25-year-olds are on the housing ladder today, average house prices are now at 7.9 times average earnings, with the need for a high deposit creating an…

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