Sophia Imeson

From the blog: With soaring house prices preventing more and more people from owning their own home, future generations may be less likely to be able to supplement their retirement income through property, meaning workplace pensions are becoming more important than ever.

 

Last month’s government housing white paper highlighted the fact that an average home now costs almost eight times the average earnings, and the additional demand for property investing is pushing prices up further.

 

Given that not enough homes are being built, this housing shortage is set to get worse.

 

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