Generation Rent: Why You Can't Buy A Home Or Even Rent A Good One
Chloe Timperley, "Generation Rent: Why You Can't Buy A Home Or Even Rent A Good One"
English | ISBN: 1912454262 | 2020 | EPUB | 352 pages | 428 KB
In modern Britain, paying rent to a private landlord is financially ruinous. It costs more than paying a mortgage, hobbles the ability to save, and puts you on the hook for endless monthly payments – often for shabby, even dangerous cramped flats.
Yet, for millions – mostly under 35 – renting privately is the only option. By 2025, more people are expected to rent than own their own homes. Members of today’s Generation Rent who have done everything right - good education, good job - have been priced out of the property market for good. They are stuck.
In this razor-sharp account of how a nation of homeowners gave way to a generation of renters hemorrhaging cash, Chloe Timperley tackles the myths and mysteries belying so many attempts to ‘fix’ Britain’s broken housing market.
She reveals who’s being shafted, who’s cashing in — and the radical steps we must take if we are to bury a rotten idea: that hoarding rental properties is nothing more than a legitimate investment strategy. Let's start bringing Britons home.