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.

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