Good news for renters!

[DimPrawn]

https://www.pwc.co.uk/assets/pdf/uke...et-outlook.pdf

T
he good news for generation
renters is that Brexit may actually
help them get on the ladder slightly
sooner as we expect it to slow the
pace of house price growth.
Unfortunately, the effect is small,
as we estimate a generation renter
starting to save in 2016 can now buy
in 2035, rather than 2037 if the UK
had voted to remain.

[AtW]

Almost any renter can buy tomorrow - only not where he'd like...

[greenlake]

Almost any renter can buy tomorrow - only not where he'd like...

[NigelJK]

Those well known arbiters of fairness PWC.

[OwlHoot]

From the ref:

... our main scenario projects a gradual recovery, with price growth picking up again to around 4% in 2018 and 6% in 2019. Thereafter, we expect growth to average around 5-6% per annum from 2020 to 2025 ...

Can't see most 20 & 30 year olds on average salaries being able to save faster than these rises or even match them.

They'll be marching on the spot or falling further and further behind until the last star falls from the Heavens

[sasguru]

Funny how PwC are churning out so many positive papers on Brexit.
It's not like they rely on the incumbent government for much of their revenue, is it?
Shirley not, Noooooooo way

[WTFH]

Funny how PwC are churning out so many positive papers on Brexit.
It's not like they rely on the incumbent government for much of their revenue, is it?
Shirley not, Noooooooo way

I've just been passed an envelope that says "no they don't"


...oh, sorry, wrong envelope.


"yes they do"


almost the same thing anyway.

[NigelJK]

not to mention that in the board room they must have checked to see which revenue stream was paying up best UK or EU.

[Platypus]

Nice picture of MF relaxing at home :-)

[clearedforlanding]

Nice picture of MF relaxing at home :-)

Bastard said he would be spending one night. It's been 6 months now.

Also he has photoshopped the picture. He takes up a lot more space than that.