Emeritus Prof Christopher May on Nostr: For first time buyers, its ever more the case that without help from the Bank of Mum ...
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!
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!