Labour blamed as home ownership falls to lowest level in nearly 20 years while rental - Contractor UK Bulletin Board

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stek replied

24 February 2010, 08:32
When I was a kid no-one except the posh families owned their house!

Thatcher's Great Council House Sell-Off has a lot to answer for....
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Pondlife replied

24 February 2010, 08:18
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AtW started a topic Labour blamed as home ownership falls to lowest level in nearly 20 years while rental

24 February 2010, 01:05
Labour blamed as home ownership falls to lowest level in nearly 20 years while rental

Labour blamed as home ownership falls to lowest level in nearly 20 years while rental sector booms

AtW's comment: looking for new house to rent and prices are high and choice is tulip!

Home ownership has plunged to its lowest level for nearly two decades, official figures revealed yesterday.

The research highlights the nightmare of millions of Britons, particularly the young, who may never be able to afford to buy their own home.

Just 67.9 per cent of English households own their home, the lowest percentage since 1991, according to the Government's English Housing Survey.

More: http://www.dailymail.co.uk/news/arti...tor-booms.html

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So basically, massive ridiculous growth in house prices helped Brown finance his "boom", but the end result is lower house ownership?
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