Submitted by Administrator on Fri, 28/02/2014 - 16:19
Patterns of housing tenure in England have changed dramatically over the last twenty years. Looking forward, and depending upon the nature of economic recovery, there could be even greater change. Mortgaged home ownership could fall to little more than 25% of all households from over 40% in the early 1990s, and overall homeownership dropping from a high of around 70% to perhaps 62% in 2025. Private renting could increase by nearly 40% to house over 5.5 million households. These are findings from a study by CCHPR for the Resolution Foundation and Shelter.
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