Wednesday, Jul 16, 2008
76% of Brits wouldn't buy property even if they had the cash ready.
Zoomf Blog: Gumtree rental report...
According to the study, half of us (51%) believe the national obsession with getting on the property ladder is old fashioned and needs to change. Over two thirds of 25-44 year-old renters (71%) are not planning to take a mortgage at all and will invest their money in other ways, and three-quarters of Brits (76%) wouldn’t buy property now even if they had the cash burning a hole in their pocket. Four in five renters (81%) can’t currently afford to buy, but they are content and want to continue renting for the foreseeable future.
Posted by kitteh @ 10:40 AM (127 views) Add Comment
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