The Guardian - Housing
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
British (General) British (Received Pronunciation - RP, BBC)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
At one time, buying house was pretty straightforward. He saved up. He signed on the dotted line and bingo. The keys were in your hands. It was what your parents did. I'm probably your grandparent's, too. But things have changed. Renting, Struggling to save wondering if that great British dream of home ownership will remain just that a dream. So much for climbing onto the housing ladder. But you're not alone. Most of 18 to 35 were in the same predicament, and it's not their fault. House prices are growing at 7.5% but wages they're increasing at a rate of just 1.8%. So the amount you earn just won't be enough to get on the ladder any time soon. And maybe that would be okay if renting wasn't such a slap in the face. The average tenant spends nearly half of their salary on rent, going up to 72% in London. So do we need a re thing short of building more homes? 5.6 million, to be precise? It's not a generation rent to look at the old housing ladder and re imagine it, and that's what they're doing shared equity. Cohousing Weekday lodging in the city. Even living on a boat is not a world of parents would recognise or even understand. But unconventional times call for unconventional measures. One thing's for sure. When it comes to housing generation, rents will find its own way louder, strictly optional.