Article preview: What will the financial implications of the coronavirus pandemic mean for homeownership plans? Before the crisis, we knew that millennials were struggling to get a place on the property ladder. High and rising property prices put the dream of homeownership out of reach for many in the younger generations, who were instead consigned to a lifetime of renting. Now, new research suggests that one in five millennials could miss out on the opportunity to become a homeowner, with savings stashed for this purpose instead used for day-to-day living expenses.
Why millennials are worried about their money
£32.00
This 630-word blog post considers new research which found that 22% of 26 to 46-year-olds are falling back on deposit savings to make up for falling income during the coronavirus pandemic. Written on 9th April 2020.
Your purchase gives you rights to publish this blog post on your IFA, financial planner or wealth manager website blog, news or insights page, along with access to the text of the blog post to copy and paste into your blog. You can publish this blog as written or edit it before publishing, and you can post it under your name.