OpinionMar 30 2016

Year rent by early-life crisis

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Apparently, it is not fashionable to have a mid-life crisis any more. The crisis du jour is to have one earlier, when the prospects of ever getting onto the property ladder in one’s lifetime fade ever more into the future.

Research from Yorkshire Building Society showed that 49 per cent of non-home owners aged 35 to 40 felt they were unlikely or very unlikely to own a home. Meanwhile, 69 per cent of young people aged 18 to 40 felt owning a home was crucial to their sense of security and feeling of success.

Forget the motorbike – for many, growing up looks like it may never happen at all.