Up to a third of young people face living in private rented accommodation all their lives, a new report by the Resolution Foundation has found.
The think tank said 40% of "millennials" - those born between 1980 and 1996 - were living in a rented housing by the age of 30.
That was twice as many as "generation X" - those born between 1965 and 1980.
The government said it was already putting policies in place to improve the housing market.
The Foundation's Home Improvements report said "generation rent" needed much more help. It called for more affordable homes for first-time buyers to be built, as well as better protection for those who rent.
it`s not hard to understand when Wages are getting smaller for the ordinary working class person house prices increase, how are people going to find the money for a deposit, that's what is holding much back, most peoples rent, are the same as a mortgage…Low Wages is the problem.
Elijah King
"Gordon Brown’s 1997 dividend tax raid on pension funds coming home to roost. It was this that triggered the rise in the number of private landlords as they started to buy up Second homes"
Wow, that one is right out of Goebbels Big Book of Propaganda, isn't it? - Accuse your enemies of what you're doing yourself … Repeat a lie often enough and people will begin to believe it etc …
Asher Barnes
Its not just greedy, lazy landlords that need to be control by better regulation, but estate agencies and building societies that have both driven prices sky high over the last 30 years….we need to have them regulated too.
Ayden Collins
The student loan racket sucks up so much avail able capital.
Jeremiah Morgan
100,000$ for a shit country house here, with a wage-slave hard labour job that pay 12$/hr. from that remove 20% sale and revenue tax -living expense -fixing your fix car and gas price going up to 2$/liter = not even 10,000$~/year loose income.
how the fuck am i supposed to buy a house? meanwhile the fucking landlord is making million by doing nothing renting cuck-cells in the fucking appartment block that he bought for nothing 10-20years ago.
Ryder Wood
Not to mention property speculation from Asia driving up prices, and the increasing number of "Asians" creating ghettos.
Parker Hughes
I am seeing $ and Liters… where the fuck are you? Everything from the pay to purchase power is U.S., but why liters bruv?
Aiden Torres
salaried job which requires education, which requires you either go to a community college and not look good for the job you need, or you go to a university on a parent's money or by loan.
The rich have dumb kids who don't have any passion because they've been handed everything, and everyone else has the talent but no money to throw around, and none of the businesses are making enough to justify hiring people or even going through the firing process unless forced because that costs resources to organize.
big businesses have to operate on skeleton crews in most places and increasing wages isn't going to help, there's a much bigger problem in this country and it starts at the top. CEOs are keeping more cash for themselves then they did back in the 70's, there's loads of laws being broken and the rich are going unchecked. America is still the fucking capital of the goddamned world in most places and has a huge fucking reach into cultures of foreign countries, there is no way the most financially successful country in recent fucking history is naturally falling apart like the USSR did, there's a concerted fucking effort on someone's part to take down the country from within.
Colton Long
A quick jewgle shows that foreigners are buying properties in the UK. Some Brits are saying the solution to the crisis is to ban foreign nonlegal residents from owning property in the UK.
