Style sheets must be enabled to view this page as it was intended.
Search Archives

Young buyers 'do not want' house price rise
Article posted: 21/01/2010

Bookmark and Share

Landlords may see more potential tenants, after it was claimed that even couples who are both on "decent" incomes are being priced out of buying a home for themselves.

Spokesperson for PricedOut.org.uk Katy John said: "Because house prices are so high, many couples are finding that even on two decent incomes they are unable to afford a property."

The situation is having a large impact on the younger generation of would-be homebuyers, some of whom are delaying having children to save money for a home.

In more extreme cases, buyers are leaving the country in search of cheaper properties, Ms John claimed.

"High house prices – that boom, boom, boom in the housing market – are not good for young people," she added.

Such people do not want to see increasing house prices, Ms John continued.

Her comments follow research from Shelter that 2.4 million people may be delaying starting a family because of the high housing costs in Britain.

Written by Mark GarnerADNFCR-2002-ID-19570443-ADNFCR

Meet the editors...
Bookmark and Share
Ask The Expert

We have a Panel of Experts waiting to answer your property related Questions.


Meet the Experts