fromwww.independent.co.uk
10 hours agoThe true cost of getting on housing ladder and why some Gen-Z may never own a home
Gen-Z are being locked out of home ownership, campaigners have warned, as first-time buyers now face paying up to six times more for a home than their parents. An analysis of rental, property and salary data by The Independent reveals that the average homebuyer in 1995 had to save just a third of their salary 5,000 to put down a deposit, while today's first-time buyers are forking out average deposits nearly twice as high as the average salary.
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