Call for action over housing market crisis - Mortgages, Money - The Independent
The housing market is in crisis as home ownership tumbles and house prices soar, a study warned today.
Home ownership in England will slump to just 63.8% over the next decade, the National Housing Federation's forecast said, the lowest level since the mid-1980s.
Huge deposits, combined with high house prices and strict lending criteria, have sent home ownership into decline, the Federation said.
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