Only 26% of 20 to 39-year-olds in England will live in a home they own by 2025, down from 38% in 2013, according to research by PwC.

A supply shortage and soaring house prices will drive the decrease in ownership for so-called Generation Rent, while the over 55’s are expected to be insulated from the changes, with 75% expected to own their home in 2025, unchanged from present levels. The proportion of young people who rent a property is set to rise from 45% to 59% over the same period. “Demand for housing in the UK has outstripped supply for more than two decades,” Richard Snook, senior economist at PwC, said.

Keep in touch

To receive our newsletters and details of our talks and events:

  • This field is for validation purposes and should be left unchanged.