Property News · February 26, 2014

Home ownership in England falls to lowest level in 25 years


Number of private tenants also overtook those in social housing for first time in 2012/13, according to English housing surveyPatrick Collinson: first-time buyers are the losersHome ownership fell to its lowest level in 25 years in 2012/13, while the number of private tenants overtook the number in social housing for the first time, according to official figures that show how tenure has shifted over three decades.The latest English housing survey showed that the proportion of homes lived in by owner-ocupiers had dropped to 65.2%, down from 71% in 2003 and its lowest level since 1987. Continue reading…

Source : theguardian.com
Read more…Home ownership in England falls to lowest level in 25 years

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