Home ownership struggle hits Coronation Street or Home-owning 'falling in English cities' or did the housing ladder break some more rungs
Plummeting home ownership across Manchester and other major northern cities shows housing no longer just a London problem English home ownership has fallen to levels last seen in 1986, with Greater Manchester, South and West Yorkshire and the West Midlands Metropolitan area experiencing double digit falls since their early 2000s peak, according to new RF analysis published today (Tuesday 02/08/2016). The analysis shows that having peaked at 71 per cent in 2003, the proportion of people owning their own home across England has fallen steadily over the last decade by eight percentage points. It suggests that the widely reported increase in home ownership in 2014 was likely a blip to correct a sharp fall the year before, rather than a welcome reversal of a long standing trend. Home ownership across England and the rest of the UK The Foundation says that while much of the discussion around the struggle to buy a home has centred on London, Greater Manchester has actually...