via guardian.co.uk
Banks will not lend to first-time buyers at "pre-crunch" levels until 2020, academics claim today in a study that raises the prospect of a bleak decade for young people in Britain.
The research paper, written for the Joseph Rowntree Foundation, says that young people should expect "considerable barriers to home ownership" for years to come. It finds that people still aspire to be homeowners but increasingly expect that this is unlikely to happen early in their working life.
No comments:
Post a Comment