Home Owners to Hit Lowest Level Since the 80s

The video discusses the significant decline in house building in England, reaching a 90-year low. This shortage is driving up property prices and rents, making homeownership increasingly unattainable for many. Renters like Leslie McGlynn face rising costs, hindering their ability to save for a home. The video highlights potential government interventions, such as pro-development planning and allocating public land for affordable housing, to mitigate the crisis. Over the past 50 years, the age at which people expect to buy their first home has increased, with many believing homeownership is merely an aspiration.

What is the current trend in house building in England?

How does the shortage of properties affect housing prices?

What challenges does Leslie McGlynn face regarding her housing situation?

What measures can the government introduce to help with housing supply?

How has the average age of first-time home buyers changed over the past 50 years?