Even 40 years ago people still turned to their parents for encourage to buy their first domestic. Some young homebuyers from the past recall how they did it,and what owning a property has meant to themTime was that you would buy your first property when you were in your 20s and then trade your way up the ladder, making the most of house price growth to buy bigger and bigger homes. We spoke to four older homeowners about their property journeys, and what having managed to buy means for their finances now – and found that even when homes were cheaper there was still a big role for the bank of mum and dad. Continue reading...
Source: theguardian.com