Showing posts with label Generation Rent. Show all posts
Showing posts with label Generation Rent. Show all posts

Wednesday, 20 June 2012

Generation rent being pushed into poor housing



There has been a lot in the media recently about so-called ‘generation rent’ – and the increasing market-domination of the private rented sector. A study by the Joseph Rowntree foundation found that by 2020 the number of home owners under 30 will fall from 2.4m to 1.3m – which amounts to a drop of 46%. The report also predicts that 400,000 young people will be “excluded completely”; unable to