A new report from housing charity Shelter suggests that renting is becoming the only option for thousands people who are struggling to put money aside for a deposit to buy.
This new trend shows no sign of changing in the near future and has both positive and negtive effects on the housing market.
There’s the obvious reduction in first time buyer numbers but an abundance of tenants for landlords and those looking to become landlords for the first time.
Read the report in full here: http://england.shelter.org.uk/__data/assets/pdf_file/0007/624391/Rent_trap_v4.pdf
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