The UK housing market

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Over the last century, homeownership took off dramatically but the trend is starting to reverse.
There has been a significant increase in the proportion of renters, particularly at younger ages.
House prices to earnings are at a record high for first time buyers, partly driven by a lack of supply.
An increasing number of young adults are living at home with their parents.
Mortgage lending volumes remain far lower than before the financial crisis.
There are a number of local authorities on the outskirts of London and the Midlands that have experienced particularly low levels of growth in the supply of housing relative to population change over the last decade.

In the early twentieth century, 76% of all households lived in privately rented accommodation.
But throughout the century there was an increase in homes that were owned, peaking in 2001 at 69%.
After WWII there was also an increase in the proportion of households living in socially...

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