Report: Affordability for first time buyers
By: Adam van Lohuizen Published: February 2015
It is now widely accepted that we have a desperate housing shortage in England. Each year, we build at least 100,000 fewer homes than we need and the extent of the housing shortage only increases. With this shortage has come very high house prices, making it difficult – and sometimes impossible – for first time buyers to become home owners. This research demonstrates how affordability for first time buyers has changed over the decades from 1969 through to 2013, how first time buyers have paid for the rise in house prices, and how this has changed first time buyers themselves.
- Report: Affordability for first time buyers (PDF 747.5 KB)