Housing costs impact relationships

Housing costs impacts relationships

According to a new survey, one in 10 UK adults feel they are stuck in an unhappy relationship because they cannot afford to rent or buy alone…

Charity Shelter found that a number of people feel unable to end bad relationships because of the cost of housing.

In a survey of 4,490 adults, 16 per cent said they knew someone who had moved in with a new partner too soon because rent and buying costs are too high.

Furthermore, of the 672 childless respondents, 57 per cent had delayed starting a family for up to five years.

Chief executive Campbell Robb said: “It’s heart-breaking that so many couples are being forced to put their lives on hold because of the crippling cost of housing.

“More and more young people are finding themselves working hard and saving what they can but still unable to afford a stable home to raise a family.

“Instead they face a lifetime of expensive renting and insecurity, unable to put down roots.

“The only way to give back hope to the priced out generation is for politicians to make a real and lasting commitment to building the affordable homes we desperately need.”

Data revealed that in 2003-04, 59 per cent of households were owned by 25 to 34-year-olds. A decade later this figure has fallen to 36 per cent.

Housing Minister Brandon Lewis said: “We’re determined that anyone who works hard and wants to get on the property ladder has the help they need to do so.

“Since 2010 204,000 hard-working households have been able to buy or reserve their own home through Government-backed schemes.

“That includes the Help to Buy, which enables people to buy with a fraction of the deposit they would normally require and has also boosted house building in response to increased demand.

“And we’re now working with house builders to deliver new Starter Homes, which will be available to young first-time buyers at a 20% discount.”

The Conservatives and Labour have pledged to make 200,000 homes available by 2020 if either of them win the general election. Meanwhile, the Liberal Democrats have promised 300,000 new homes, 190,000 affordable homes, and to bring 70,000 empty homes back into use.


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