Property News · June 20, 2018

Note to news outlets: not every millennial wants to buy a house | James Ball


For many of us, giving up on home ownership represents freedom – we’d rather the focus shifted to improving rentingThe media has decided to constantly bombard millennials with poor-quality and largely unwanted advice on buying property. We should eat fewer avocados, some warn. We should stop going out or paying for Netflix. According to one article last week, millennials are frivolously spending on cleaners rather than saving for a deposit.Almost every bit of financial advice to millennials is framed in terms of a deposit – but for those living in London, this could be absolutely terrible advice. Quite a lot of millennials have given up on buying altogether, a decision that for many of us makes absolute sense. Continue reading…

Source : theguardian.com
Read more…Note to news outlets: not every millennial wants to buy a house | James Ball

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