Young Brits giving up the urge to own a house - ExplainTheMarket
Nov 24, 2016, 03:48 PM
Brit’s urge to own a house is what got them into trouble during the 2008 housing crisis.
However, Young Brits are slowly losing the interest in owning a house… more so because the idea of owning a house in big cities is a distant dream now, says Guy Shone from ExplainTheMarket.
Shone says the hustling and bustling city life is taking toll on the mental and physical health of the Young population. Does this mean the housing prices are due for a correction... Given the fact that Young population is slowly giving up on its urge to buy a house? Find out the answer in this segment!
#housing, #economy, #investing, #Explain The Market