Wednesday, May 30, 2007
On the treadmill
Firstrung: First time buyers face being priced out and a life of 'economic serfdom'
Britain's housing crisis is threatening the future of younger generations, new research has found. Academics from Aberdeen and Loughborough universities discovered potential 21st century homeowners were more likely to stay with their parents for longer. The global credit boom and historically low interest rates have left many people in the UK facing either years of indebtedness or little hope of ever accessing the property market...
Posted by converted lurker @ 02:13 AM (36 views) Add Comment
3 Comments
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1. paul said...
Another study showing the damaging effects of the governments strategy to overheat the housing market. Another study they will studiously ignore.
2. george monsoon said...
Another study that cost the taxpayer thousands and is about 2 years out of date.
3. David20040_0 said...
FTB are priced out, I could have told you that for free.