Home Ownership 'At 30-Year Low In England'

Home Ownership 'At 30-Year Low In England'

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Business

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The video discusses the decline in homeownership in England, highlighting a drop from 71% in 2003 to 64% currently. The issue extends beyond London to regions like Yorkshire and Manchester. Economic factors such as stagnant incomes and rising housing prices are key contributors. High rents further prevent people from saving for homes, making homeownership increasingly unattainable.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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