Study has found young people are delaying major life milestones in order to afford a home
Young couples are delaying getting married and starting their own family due to struggles getting on the housing ladder. A study of 500 adults looking to buy a property in the next three years found major life milestones are being postponed in order to afford to buy a home.
“However, our research shows the great British love affair with homeownership lives on, so-much-so that people are prepared to make greater sacrifices than just cutting down on nights out or making lunch instead of buying it – in order to achieve it. In fact, they are even putting off major life events like their education, having a family or a much-needed break from work, to afford to buy their own place.
The study found 53 per cent said their main driver when it comes to purchasing a home is to stop wasting money on rent. Other motivating factors included wanting to invest in a property and wanting a place to settle down and start a family .
Belgique Dernières Nouvelles, Belgique Actualités
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