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While the number of millennials who own a home continues to fall, one in 10 people now own an additional property. However, when looking at the number of people who can afford an additional property, millennials match the property ownership rates of other generations. "The sheer scale of additional property wealth is an important driver of rising wealth gaps across Britain," says George Bangham, policy analyst at the Resolution Foundation.
Source: Real Estate Daily Report (realestatedailyreport.net)
Disgusting
BBCPolitics pathetic tory ideology-always claiming 'all in it together' yet behind their mask of compassion we see the ugliness of their truth-rich getting richer by the hour.
Hepworthclare Why would not owning a property abroad help the housing market? The problem is the fat cat developers who are now allowed to build what they want to make as much money as they can without having to consider affordable homes
BBCPolitics If ever there was something I’d ask a government to do..... sort out housing....now....
Second homes 🏠 are unnecessary...it’s greed...you can only live in one ☝️ home 🏠 at any one ☝️ time 🙄
...as is homelessness. There may be something wrong.
BBCPolitics We let people buy second homes in most of Cornwall. Never been worried about that have you?
Hepworthclare need restrictions on second homes and probably tax increases on second (or third, etc.) properties
Hepworthclare Many are the same b^stards that voted for Brexit I bet.
We need to ban mortgages on properties other than main residence. Also a yearly levy on foreign owed property.
PaulKnight85 Says State broadcaster that constantly ramps second home ownership in its daytime schedule
BBCPolitics Saving £200 a month is not hard... young people don’t want to take responsibility for themselves. If they can’t afford it they aren’t working or trying hard enough.
Yet another article on second home owners with no balance. Some of us worked and saved bloody hard to create an investment for our retirement given that there will likely be no state pension for us.
more evidence of the true face of tory UK-if your poor don't turn up-land of the rich filthy rich and the top 1%
This is blatantly based around London/South East and because the young people are paying off their mortgages for them in extortionate rent. The rich getting richer.
Need a higher tax surcharge on multiple home ownership to make it totally uneconomic. And encourage existing landlords to sell.
When you put ex council houses in the hands of Tory landlords. Rich boys win win win.
Shut up BBC your supposed to report the news ffs
The London market should be removed from property sale & rental stats. It heavily distorts these reports.
They majority in London and south east by any chance
It is nothing to do with that, it is all down to unlimited immigration, so please dont peddle lies!!! people arrive on this Island and are housed within weeks, natives get put on housing lists for years
This country is f***** up.. Rich is getting richer, young people have no opportunity
How to make poor or homeless people angry No.3: Show them this...
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