Ownership amongst the young

Chrysalis

lisyloo wrote: »

That's because children need protection and stability more than adults.

yet someone on here has claimed assured shorthold tenancies lasting 6 months is fine for children.

Chrysalis

economic wrote: »

simply utter nonsense.

if you want credibility explain your reasoning, rather than plugging your ears saying "no no no".

Zxcv_Bnm

If you're going to look at the average house and the average wage you should also use the average equity.

In 2014 the average person had £75k of equity
http://www.aol.co.uk/money/2014/03/12/what-the-average-briton-is-worth/?ncid=webmail10

so they aren't borrowing 3.5x a salary with no deposit, they've got 75k. That's who owns the average house.