Fewer people will be homeowners by retirement, study shows
New research published 6 July, 2022 by the Economic and Social Research Institute (ESRI) finds that fewer people will be homeowners by the time they retire. The research – funded by the Pensions Council – estimates that 65% of those currently aged 35-44 are likely to become homeowners by retirement given current trends, compared to 90% of those currently aged 65+. Lower homeownership rates mean a higher proportion of households…