05 Jan 2007
Half of graduates under 40 unable to buy a home
The Guardian Friday October 6, 2006
More than half of university graduates are now unable to get on to the property ladder, with one in 10 believing they will never buy their first home, according to a survey out today. Research undertaken by Scottish Widows Bank says the overall outlook for university leavers is gloomy, with 53% of today's graduates aged under 40 frozen out of the property market. Home ownership is such an "unrealistic dream" that one in 10 say they cannot ever imagine buying, and almost half of them think it could be between two and 10 years before they buy their first home, the survey claims. For more on this story... http://education.guardian.co.uk/higher/news/story/0,,1888668,00.html
|
