The announcement of the 95% mortgage in this week’s budget may have initially sounded like good news for those in “generation rent” who have struggled for years to get onto the housing ladder. However, Lizzie Simpson, IF Researcher, explains why this policy is likely to make homeownership increasingly unachievable for young people in the longer… Read more »
Tag: Generation Rent
New research highlights the impacts of the UK’s housing crisis on British children
A range of evidence shows that children are becoming increasingly likely to live in the private rented sector, even though most young people say they would prefer to put off having children until they can afford to own their own place. David Kingman looks at what impact this could have on intergenerational fairness