Apr
06
Young Britons Feel the Strain of Rising House Prices
ByYoung people are losing out in what’s become an increasingly polarized U.K. housing market.
The proportion of people aged 26 to 30 in privately rented accommodation rose to 39 percent in 2014 from 9 percent in 1987, according to the Office for National Statistics. For all renters, the proportion of disposable income they spend keeping a roof over their heads has increased to almost 20 percent from 12 percent…