For first time buyers, its ever more the case that without help from the Bank of Mum & Dad they cannot afford a #home of their own.
In one year (according to Savills). the proportion of FTBs getting financial assistance with deposits (purchases) has risen from 41% to 61%; just one more way that the UK is a country for rich folk.
The less affluent cannot afford to buy while the rich expand their property holdings.
I'll say it again:
solving the #housingcrisis requires more social housing!
Emeritus Prof Christopher May /
npub1hr…f2ktj
2023-12-15 06:20:03
Author Public Key
npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktjPublished at
2023-12-15 06:20:03Event JSON
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