Where Have the First Time Buyers Gone (and Whose Fault Is It)?
It is easy for commentators to blame the rising cost of property (and landlord activity) for the decline in the first time buyer. However, the trend to people getting married later, starting families later and buying property later preceded the current boom in house prices.
Indeed Council of Mortgage Lenders surveys showed this trend was already happening right back in the mid 1980s.
People are often choosing to rent because it suits their lifestyle - its more flexible for work too - and is easier to get into and out of than being a home owner and committed to mortgage repayments. See the main site www.lettingfocus.com
Indeed Council of Mortgage Lenders surveys showed this trend was already happening right back in the mid 1980s.
People are often choosing to rent because it suits their lifestyle - its more flexible for work too - and is easier to get into and out of than being a home owner and committed to mortgage repayments. See the main site www.lettingfocus.com
This entry was posted by lettingfocus, on
Friday, November 10, 2006.
