Dramatic increases in house prices contain locked out younger buyers. Does the baby boomer generation now enjoy an unfair level of property wealth?Life has changed a lot since fledgling homeowners took their first steps on the property ladder in 1969. Back then,the average first domestic cost £4000, according to data from the Office for National Statistics – and you would typically contain been able to buy it at the tender age of 25. Related: UK house prices edge up in July as stamp duty revenue falls Continue reading...
Source: theguardian.com