Census shows home ownership drop
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Since 2001, home ownership overall has fallen by seven per cent, while the proportion of homes owned with a mortgage has dropped by 15 per cent.
The historic shift reflects the growing trend in young people and families who are unable to get a foot on the property ladder.
Rising numbers are being pushed into the country’s rapidly expanding private rental market. The proportion of homes rented privately has rocketed by 69 per cent since 2001.
If current trends continue, the next generation will b...
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