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Revealed - huge drop in home ownership levels amongst the under-45s

The latest release of data from the English Housing Survey reveals that the number of under-45s owning their own homes has dropped by more than a million since 2010. 

In 2009/10 some 4.46m under-45s owned a property in England; that figure fell to 3.41m by 2017.

Housing minister Dominic Raab says the figures would have been worse without government initiatives helping some 440,000 families onto the property ladder since 2010.

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He also says National House Building Council figures show the highest number of new homes registered to be built for a decade.

“We’re restless to do much more, and have an ambitious reform agenda to deliver the homes this country needs” he adds.

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