Figure highlights rise of ‘generation rent’ over two decades in England and Wales, as home ownership declines
The scale of the rise of “generation rent” has been laid bare by the 2021 census that reveals the number of households renting has more than doubled in the last two decades in England and Wales, as home ownership rates fell.
In England and Wales, 5.4m households are renting – equivalent to one in five – up from 3.9m in 2011 and 2.1m in 2001. Nine hundred thousand more households call a flat, maisonette or apartment home than a decade ago – the fastest-growing type of home. More than half of households in London rent.
Figure highlights rise of ‘generation rent’ over two decades in England and Wales, as home ownership declinesThe scale of the rise of “generation rent” has been laid bare by the 2021 census that reveals the number of households renting has more than doubled in the last two decades in England and Wales, as home ownership rates fell.In England and Wales, 5.4m households are renting – equivalent to one in five – up from 3.9m in 2011 and 2.1m in 2001. Nine hundred thousand more households call a flat, maisonette or apartment home than a decade ago – the fastest-growing type of home. More than half of households in London rent. Continue reading…
