Analysis: Lack of affordability for first-time buyers means last year’s stellar price rises are unlikely to be repeatedIf Boris Johnson wants to know why the Conservative party struggles to win the support of young voters in London he could start by looking at the annual report on the housing market from the Nationwide.There is no single reason for the government’s unpopularity among people in their 20s and 30s in the capital, but housing is clearly a factor, and the current state of the market shows why. Without a top salary or generous parents, homeownership is all but impossible. Continue reading…
Source : theguardian.com
Read more…London house prices may help explain Tories’ struggle to win young voters
