Sunday, June 20, 2010
I can’t afford a home so who cares about month to month price rises?
20-something personal finance journalist Victoria Bischoff is 'not even close to getting the tip of my big toe on the property ladder. In fact, unless I win the lottery (which is unlikely as I donâ€™t play), it is inconceivable that I will be able to afford a house worth a couple of hundred grand for a good few years â€“ if not decades.' The fact is young, first time buyers are completely locked out of the property market. And I just donâ€™t see how we are going to change that.