Monday, July 28, 2008

David Smith: renting is not dead money after all

Is homeownership still an aspiration?

Article from David Smith in the Times suggesting that the younger generation are just not interested in buying a home any more as they have student debts, more pressing costs or just prefer to save their money. Of course he doesn't conclude with the obvious corollary that if young people aren't buying anymore then demand must fall, which means..... house prices will be permanently lower..

Posted by an bearin bui @ 11:36 AM (646 views)
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