NewsBot
28-Jun-21, 19:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Millennials Face The Highest Lifetime Costs Of Their First-time Properties, Despite Historically Low Interest Rates
The costs of buying a typical first-time property with a mortgage have risen by two-thirds over the past half-century, with those born in the late 1980s experiencing the highest costs of all, as falling interest payments have failed to offset rapidly rising house prices, according to new Resolution Foundation research published on Saturday 26 June 2021. The report Stakes and ladders - funded by the Nuffield Foundation - examines the total costs of buying one's first home to establish who the overall winners and losers have been from Britain's property market over the past 50 years. [Read Full Article (https://caithness-business.co.uk/article/14159)]
Millennials Face The Highest Lifetime Costs Of Their First-time Properties, Despite Historically Low Interest Rates
The costs of buying a typical first-time property with a mortgage have risen by two-thirds over the past half-century, with those born in the late 1980s experiencing the highest costs of all, as falling interest payments have failed to offset rapidly rising house prices, according to new Resolution Foundation research published on Saturday 26 June 2021. The report Stakes and ladders - funded by the Nuffield Foundation - examines the total costs of buying one's first home to establish who the overall winners and losers have been from Britain's property market over the past 50 years. [Read Full Article (https://caithness-business.co.uk/article/14159)]