The bad days for tenants have begun in Britain. It has become expensive for people to own their property here. Then whether it is rental or own house property prices have started skyrocketing. The situation of inflation is such that the rent of a room in the city of London has gone above 900 pounds. Due to the cost of rent, most of the youth have started living with their parents. Rental property rates in Britain have increased by 17 percent after Corona. This information has been revealed in the official data of Census and Jupala (real estate website). The rising property prices in the country have made it difficult for people of all age groups to buy a home. Even though the property prices have come down in the last few months, but still it has increased a lot after Corona.
1 in 10 youth living with parents
In Britain, one out of ten young people aged 30 to 34 is such that they are not able to afford to rent their own house. Due to which he is living with his parents. 51% of young people aged 20 to 24 in England and Wales are choosing to live with their parents. This is 7 points more than the figures collected in 2011. At the same time, one out of ten youths of 30 to 34 years are like this. There has also been an increase of 8.6% in this age group as compared to the last ten years. At the same time, 14.4% of people below the age of 40 in Britain do not have their own homes. Of these, 14.1% are planning to buy a house. Experts are backing away from what Daniel Copley says.
Even those with an income of 60 lakhs are not able to buy houses.
Inflation in Britain is so high that even those with an income of 60 lakhs are holding back from buying their own or are thinking a hundred times. Of these, only one in five say that they will buy a house only when they are able. Compared to previous generations, 38% of today's youth will give up on the dream of buying a property in the next decade.
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