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2013-01-19

[Reposted from June 2012] BBC: "The young are 'locked out' of owning home, report claims"

Link to BBC web site

"More than a million young people will be 'locked out' of home ownership by 2020, a new report claims. 

"The study, by the Joseph Rowntree Foundation (JRF), found an extra 1.5 million 18 to 30-year-olds will be forced into private renting in eight years time.

"The number of young people unable to afford to leave their parents' home is expected to rise by half a million to 3.7m in the same period."

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